Bitcoin Velocity Slows Down: CryptoQuant CEO Ki-Young Ju
CryptoNewsTerminal Staff11 Jun, 2024
Bitcoin Velocity Slows Down: CryptoQuant CEO Ki-Young Ju
CryptoQuant CEO Ki-Young Ju analyzed that "BTC velocity has slowed down, as is the case 13 years ago," on CryptoQuant. Ju claims that Bitcoin is being used as digital gold, held by institutions, contrary to Satoshi's vision. Bitcoin's velocity will peak once it becomes widely used for payment.