John Ameriks, Global Head of Quantitative Equities at Vanguard, stated that Bitcoin is purely a speculative asset, similar to a collectible toy.
Despite his criticisms, Ameriks indicated that in situations of high fiat currency inflation or political instability, the cryptocurrency could find real-world applications beyond market speculation.
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BTC
90,153.75
+0.07%
BNB
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+1.84%
