Morgan Stanley Analysts: Bitcoin Is Not a Currency | Opinion

According to a Morgan Stanley review, Bitcoin cannot be considered a currency. Its authors believe Bitcoin is a speculative asset that is highly dependent on the environment that dominates the traditional financial sector at any given time.

Some investors use Bitcoin as a hedging tool. Initially, it was created as an asset that accumulates capital. With it, users can send funds anywhere in the world without the need for intermediaries.

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However, in practice, Bitcoin is strongly linked to the banking sector, and its value is directly provided by the dollar liquidity placed in credit institutions.

Because the Fed has a tremendous impact on the price of Bitcoin, Morgan Stanley calls not to consider it a stand-alone asset, but to include it in the category of instruments for speculation.

Author of articles on trading and investments, which I have been doing for more than 8 years. Even from your phone, you can open a deal, buy shares, build up capital in assets that will bring dividends even when you stop working. You can't just not think about it.

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