Ki Young Ju, the CEO of CryptoQuant, joined the ongoing discussion about whether Bitcoin (BTC) is a currency or a commodity in the financial market. He explained what he thinks was Bitcoin’s original purpose as envisioned by Satoshi Nakamoto.
Ki Young Ju believes that Bitcoin should increase during difficult periods, which the asset was designed for.
CryptoQuant CEO Defends Satoshi’s Bitcoin Vision
There are two types of people in the Bitcoin investment community. Some investors treat Bitcoin as a tech stock, while others treat it as digital gold. This division affects their trading dynamics during periods of market volatility.
Those who view Bitcoin as a technology stock dump their investments during market volatility. They then invest in physical gold as a safer option. Ju was critical of this group, arguing that Bitcoin was constructed to excel during economic turmoil.
Bitcoin Designed for Economic Turmoil Success
Ki Young Ju used Satoshi Nakamoto’s vision to
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