Why Bitcoin Remains a Must-Buy, According to Unchained Analyst

IconCrypto News Terminal23 Apr, 2024

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Why Bitcoin Remains a Must-Buy, According to Unchained Analyst

**Unchained Analyst: Keep Buying BTC, It's the 'Ultimate Store of Value'** Cointelegraph recently reported that Unchained Capital research analyst Joe Burnett believes investors should continue buying Bitcoin (BTC). He highlighted the unique monetary attributes of Bitcoin that make it a valuable asset: **Store of Value:** Burnett emphasized that BTC serves as the ultimate store of value due to its ability to resist the erosion of purchasing power in free markets. **Hard-Coded Issuance:** Bitcoin's issuance schedule follows a rigid halving mechanism that cannot be altered by any external entity, ensuring a predictable supply. **Monetary Superiority:** Burnett believes Bitcoin possesses the same monetary properties of gold, including portability, durability, divisibility, and fungibility, but with the added advantage of a fixed supply. **Previously on April 23, 2024:** * *Unchained Capital analyst Joe Burnett asserts the importance of investing in Bitcoin as a hedge against inflation.*

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