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In a new interview with GQ released Friday morning, gamer, rapper, YouTube star and boxing group KSI spoke about Bitcoin’s value proposition in a way that indicates he is beginning to understand Bitcoin as a store of value. long-term.
The musician said he lost millions of dollars trading leveraged cryptocurrencies in 2020 this year, but it seems he has since learned the importance of hodling.
When GQ asked what the famous British YouTuber (23.2 million subscribers) would do if he were Prime Minister, KSI replied: “I would give everyone £ 100 worth of Bitcoin – as a Bitcoin stimulus package for all.”
KSI continued, “I think Bitcoin is the future. It’s going to be long term for sure, but in ten years, the people who have invested will be laughing. Just look at how inflationary money is, compared to Bitcoin, which is not. “
Of course, KSI isn’t alone in making these comparisons, as the mainstream conversation around Bitcoin is increasingly taking place against the backdrop of a macro inflationary market.
This summer, the inflation rate in the United States hit its highest level since the 2008 financial crisis, making the need for a store of value like Bitcoin increasingly evident.
The need to hold Bitcoin for the long term, compared to the world’s toughest money exchange, is not lost on KSI, he continued: “There is a fixed amount – you don’t. cannot increase the amount of Bitcoin and it has value. I feel like a lot of people don’t really see this: they’re trying to get some quick money like, “Oh, I want to go in and out. ”
KSI concluded: “It’s a long haul thing and I’m here for the trip.”
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Sources 2/ https://bitcoinmagazine.com/culture/rapper-ksi-bitcoin-is-a-store-of-value The mention sources can contact us to remove/changing this article |
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