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via BeInCrypto · By BeInCrypto Editorial

Bitcoin Is a ‘Deep Freeze’ for Money. What Does That Actually Mean?

BTC

BTC/USDT

$63,130.00
+0.08%
24h Volume

$2,520,548,945.14

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,124.99

0.06%

Volume (24h): -

Resistance Levels
Resistance 3$66,089.47
Resistance 2$64,394.57
Resistance 1$63,626.42
Price$63,124.99
Support 1$62,999.35
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.5
BE
BeInCrypto Editorial
(11:12 PM UTC)
1 min read
MR
Reviewed byMichael Roberts

MicroStrategy (now Strategy) founder Michael Saylor has a new way of explaining Bitcoin: think of money like food, and Bitcoin like a freezer.

In an essay published on August 15, Saylor argues that money stores the value created by your time and work. The real test, he says, is how much of that value survives over decades.

Why Saylor Thinks Bitcoin Stops Money From “Melting”

Cash is easy to…

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Source

BeInCrypto Editorial · BeInCrypto

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