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Business Insider: An early investor in Uber, Airbnb, and bitcoin explains why its actually good sign that no one is spending their crypto

An early investor in Uber, Airbnb, and bitcoin explains why its actually good sign that no one is spending their crypto
Business Insider

Jeffrey Wernick is a hard money advocate and an independent investor. His angel investment portfolio includes early holdings in Uber and Airbnb. Wernick serves on the advisory boards of DataWallet and Qtum. Wernick started buying bitcoin in 2009, the year it was created. He says the fact that people aren’t actively spending their bitcoin is not a sign of weakness or due to the cryptocurrency’s limitations. He believes people aren’t spending their bitcoin because it is “good money” that they Read the full story

Shared from Apple News

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