CryptoQuant CEO Ki Young Ju wrote that the current BTC cycle is as slow as it was 13 years ago.
Despite Satoshi's vision of "peer-to-peer electronic cash," Bitcoin is primarily used as "digital gold," with institutions holding it but not trading it frequently.
When BTC is widely used for payments, its speed will peak someday.
Ki Young Ju: When BTC is widely used for payments, its circulation speed will peak someday
2024-06-11 05:42:00
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