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Browse: Home / 2022 / October / 27 / What Bloomberg’s Crypto Opus Means for the Next Bull Market

What Bloomberg’s Crypto Opus Means for the Next Bull Market

By Securities Docket on October 27, 2022, 8:24 am

O.K., so this new crypto story is by the most important financial writer of the day, writing in probably the most important financial publication, at a length that indicates serious commitment. But what does the story actually say?

Perhaps the most emblematic bit of the piece is an image caption early on which reads simply: “Bitcoin is a Big Thing.” The content as a whole offers the same takeaway as the fact of its publication: that crypto Really Matters – for better or for worse.

***

What Levine does say is something both more moderate and more important: Crypto is interesting.

“I don’t have strong feelings either way about the value of crypto,” Levine makes clear. “I like finance. I think it’s interesting. And if you like finance – if you like understanding the structures that people build to organize economic reality – crypto is amazing.”

Source: What Bloomberg’s Crypto Opus Means for the Next Bull Market

Posted in Industry, Top | Tagged Cryptocurrency

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