{"id":11156,"date":"2024-02-29T11:27:18","date_gmt":"2024-02-29T09:27:18","guid":{"rendered":"https:\/\/forklog.com\/en\/peter-brandt-declares-cryptocurrencies-as-the-saviour-of-the-system\/"},"modified":"2024-02-29T11:27:18","modified_gmt":"2024-02-29T09:27:18","slug":"peter-brandt-declares-cryptocurrencies-as-the-saviour-of-the-system","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/peter-brandt-declares-cryptocurrencies-as-the-saviour-of-the-system\/","title":{"rendered":"Peter Brandt Declares Cryptocurrencies as the &#8216;Saviour of the System&#8217;"},"content":{"rendered":"<p>Bitcoin is poised to become a significant &#8220;store of value&#8221; as traditional players enter the cryptocurrency market, according to technical analyst and head of Factor LLC, Peter Brandt.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">On a personal note, I want to be a good sport. Congratulations to all who are fully engaged in Bitcoin <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> and other coins and see them as the bottom layer of the world&#8217;s future monetary systems. I believe there is a chance for this to occur, with Bitcoin becoming an important\u2026 <a href=\"https:\/\/t.co\/BoGCdOprGo\">pic.twitter.com\/BoGCdOprGo<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/1762831653083418966?ref_src=twsrc%5Etfw\">February 28, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The expert believes digital assets have the potential to become the &#8220;foundation of future global monetary systems.&#8221;<\/p>\n<p>Brandt noted that the generation born after World War I, including Biden&#8217;s generation and Generation X, &#8220;were at the helm of the Great U.S. Debt Catastrophe.&#8221;<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are responsible for the debts owed to Generations M and Z. Something revolutionary is happening in cryptocurrency that the old gold-oriented bulls cannot understand. But you, young investors, do understand. I hope digital assets can save the system or at least bring you incredible wealth,&#8221; he added.<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\"><strong>A Shift in Perception<\/strong><\/h2>\n<p>Analyst and managing partner at CMCC Crest, Willy Woo, observed the &#8220;unleashing of full demand for Bitcoin.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Full demand for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> unleashed.<\/p>\n<p>My banker, 33 yrs in wealth management, wasn\u2019t bullish last year, but he changed his mind when the spot ETF approved. That\u2019s because he knows how institutions sell investments to the wealthy.<\/p>\n<p>BTC is now on the recommend list for everyone.<\/p>\n<p>\u2014 Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/1763032531237294222?ref_src=twsrc%5Etfw\">February 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Woo highlighted that his financial advisor, with 33 years in wealth management, was initially against investing in the first cryptocurrency. However, following the <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">launch<\/a> of spot ETFs based on the asset in the U.S., he changed his mind.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;That&#8217;s because he knows how institutions sell investments to the wealthy. Bitcoin is now on the recommended list for everyone,&#8221; the analyst explained.<\/p>\n<\/blockquote>\n<p>Previously, Brandt revised his forecast for the price of the first cryptocurrency in 2025 from $120,000 to $200,000.<\/p>\n<p>In February, Tether CEO Paolo Ardoino announced the continued integration of Bitcoin into traditional finance, driven by growing interest in ETFs based on it from institutions and corporations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is poised to become a significant &#8220;store of value&#8221; as traditional players enter the cryptocurrency market, according to technical analyst and head of Factor LLC, Peter Brandt. On a personal note, I want to be a good sport. Congratulations to all who are fully engaged in Bitcoin $BTC and other coins and see them [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1138,1420],"class_list":["post-11156","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-opinions","tag-peter-brandt"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=11156"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/11156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/11155"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=11156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=11156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=11156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}