Strategy will be ‘less important’ in Bitcoin after STRC incident: Bitwise
CoinTelegraph·
60-second summary
Matt Hougan from Bitwise emphasizes that strategy will be less important in Bitcoin after the STRC incident, as Strategy's offer of high yields and low volatility was always a questionable fit for buying Bitcoin, given the cryptocurrency's inherent lack of stability and returns, a reality that may shift investor focus away from complex strategies towards more straightforward market participation.
Bitwise’s Matt Hougan said Strategy's STRC offer of high yields and low volatility was always a questionable fit for buying Bitcoin, as the cryptocurrency offers neither.