The price of bitcoin has fallen back, following a record spike of just above $ 61,500 over the weekend. RT’s Boom Bust explores what’s driving the cryptocurrency’s surge and whether central banks could hold it as an asset.
According to Tucker, bitcoin is “a great asset for central banks” and “it’s probably going to hold its value, as there’s not going to be any new money creation – unlike the fake national currencies that they make.”
“We’re on the verge of seeing a complete discrediting of monetary policy as we once knew it. So, bitcoin is a pretty good bet for central banks at this point. That could actually drive the markets higher,” he added.
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