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Why the crypto market crash may play in Bitcoin's favour

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cointelegraph.com

Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra and Celsius and the following market sell-off will lead to regulatory action that will likely favour Bitcoin over the rest of cryptocurrency. “I'm going to be watching for regulation developments, just signifying that Bitcoin is a digital property and that maybe there's more fair accounting that can be done to allow institutions to invest", she said in a latest interview with Cointelegraph. "And the other cryptocurrencies, I think will be deemed securities”, she continued.

Brunell defines herself as a Bitcoin maximalist and therefore sees Bitcoin as a fundamentally different asset class from the rest of crypto, mainly because of its trustlessness nature. "I see it [Bitcoin] as digital property, as a savings technology, and that's why I focus my energy on that." she points out, ading that other cryptocurrencies are much more vulnerable to third-party risks. "I have to worry about: who's creating them [altcoins], who's expanding the supply, who might be hired or fired, what experiment are they trying?",  After a brilliant career in Journalism, Natalie went full time in crypto after discovering Bitcoin.

Read more on cointelegraph.com
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