Why Luke Gromen is fading Bitcoin while staying bullish on debasement
Luke Gromen, a prominent financial analyst, is shifting his stance on Bitcoin, expressing skepticism about its potential as a hedge against currency debasement. He believes that while Bitcoin has been viewed as a store of value, its volatility and regulatory uncertainties make it less appealing in the current economic landscape. Gromen remains bullish on the concept of debasement, arguing that traditional fiat currencies are losing value, but he suggests that investors should consider alternative assets. He emphasizes the importance of focusing on tangible assets and commodities instead of cryptocurrencies like Bitcoin.
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