Asia’s Largest Bank, DBS Strategist Says Bitcoin is Unique Regardless of Price

The post Asia’s Largest Bank, DBS Strategist Says Bitcoin is Unique Regardless of Price appeared first on Coinpedia Fintech News

Daryl Ho, DBS investment strategist discussed bitcoin in a recent media briefing as reported y Finews Asia on Friday. “If we look just on a price basis, you will notice a lot of volatility, and it doesn’t tell you a lot about what benefits it truly delivers,” he noted, adding:

Whether the price fluctuates or not, I believe bitcoin remains unique.

According to the publication, Ho went on to say that bitcoin’s uniqueness is driven by its usefulness, which facilitates value transfers in a decentralized way without the need for a central counterparty to execute the trade.

Source: https://coinpedia.org/crypto-live-news/asias-largest-bank-dbs-strategist-says-bitcoin-is-unique-regardless-of-price/