📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Bitwise Analysts Revealed Bitcoin's (BTC) Fair Value!
Bitcoin (BTC), while exhibiting highly volatile movements in recent days, analysts suggest that Bitcoin could be an attractive hedge against potential defaults in the face of increasing debt risks and record-high financial debt-GDP levels globally.
At this point, Bitwise analysts claimed in a recent report that Bitcoin is a hedge for their portfolios against the rapidly increasing debts of major global economies.
Bitwise analysts claimed that in an environment where Bitcoin is seen as 'insurance' against increasing debts and default risks, the price could exceed $200,000.
Analysts stating that Bitcoin's fair value is related to the default probabilities of countries, pointed out that if G20 countries' sovereign bonds (worth $69.1 trillion) were to face a weighted default probability of 6.2%, Bitcoin's theoretical fair value could be $219,000.
Analysts said that gold also provides good protection against dominant risks, but it offers lower protection than Bitcoin due to its lower scarcity and dependence on traditional centralized storage institutions such as banks.
Analysts have pointed out that Bitcoin has risks in terms of its insurance function, including its volatility, which makes it susceptible to sharp price drops during times of uncertainty, making it a risk for investors seeking stability during crisis times.