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.
[PANews]
BTC
87,030.15
-0.45%
BNB
838.9
-1.23%
