Why the crypto market crash may play in Bitcoin’s favour

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Natalie Brunel, host of the Coin Stories podcast, believes that recent incidents involving Terra (LUNA, now renamed LUNC) and Celsius (CELH) and subsequent market sell-offs will lead to regulatory action likely in favor of Bitcoin (BTC). The rest of the cryptocurrency.

“I will be watching regulatory developments, just to signify that Bitcoin is digital property and that there may be more fair accounting that can be done to allow institutions to invest,” she said in her recent conversation with Cointelegraph. I believe that other cryptocurrencies will be considered as securities.”

Brunel defines herself as a Bitcoin extremist, and as such sees Bitcoin as a fundamentally different asset class from the rest of the cryptocurrency, mainly due to its unreliable nature.

“I see [Bitcoin] as digital property, as a savings technology, and that is why I focus my energy on it,” she noted, adding that other cryptocurrencies are more vulnerable to third-party risks.

“I have to worry about: who is making them [altcoins], who is expanding the supply, who might be hired or fired, and what experiment are they trying to do?”

After an impressive career in journalism, Natalie worked full time in crypto after discovering Bitcoin. She then launched the Coin Stories podcast, where she interviewed leading voices in the crypto industry.

Don’t miss the full interview on our YouTube channel and don’t forget to subscribe!

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