Digital commodity analyst Alexander Good analyzed cryptocurrency market's position within the broader financial and political landscape, arguing that its acceptance in mainstream circles has significantly increased.
What Happened: Good argued in a detailed post on X on Monday that cryptocurrency is "inherently a right-wing asset class" due to its focus on highlighting excessive debt issues, which has historically hindered its institutional adoption. However, he notes a significant shift in the treatment of crypto by established financial players.
"Bloomberg's conciliatory coverage of crypto and the ETFs feels important. And why Soros fund being interested in crypto is similarly important," Good writes, suggesting that these developments indicate a tacit approval from influential government insiders.
He speculates that this change might be due to geopolitical factors, such as Russia's move to diversify its reserves away from the U.S. dollar after the 2014 Crimea invasion. Good posits that crypto now has an "uneasy official blessing" from powerful financial and political entities.
Contrary to popular belief, Good downplays the potential election risks for cryptocurrency. He argues that with major players like "Bloomberg, Soros, Blackrock, and the left-wing consortium" at the forefront of institutional adoption, the political risk for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) may be overstated.
Good reminds crypto investors to "pay attention to the men proximate to the money printers" and suggests that current market conditions favor crypto investments.
Also Read: Scaramucci: 'It's Trump's Election To Lose'; Says What Kamala Harris Ought To Do To Win
Why It Matters: Good cautions traders that the current environment could change, urging them to remain vigilant and "reassess" if significant policy shifts occur. Good says this could change if Vice President Kamala Harris opines on why a Bitcoin ETF got listed, but that is unlikely.
Republican nominee Donald Trump has been an ardent supporter of cryptocurrency highlighted by his most recent remarks to build a strategic national crypto stockpile. At the recent Bitcoin conference, Trump stated "Never sell your Bitcoin... The United States will be the crypto capital of the planet and the Bitcoin superpower of the world, and we'll get it done."
On the other hand, Kamala Harris' stance on crypto remains ambiguous, as she has not made any public statement regarding the same. However, her camp has been contacting some crypto industry experts raising rumors that she also will take the pro-crypto stance, unlike President Joe Biden.
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: Shutterstock
數字商品分析師亞歷山大·古德分析了加密貨幣市場在更廣泛的金融和政治格局中的地位，認爲其在主流圈子中的接受度已大大提高。
發生了什麼：週一，古德在X上的一篇詳細文章中指出，加密貨幣 「本質上是一種右翼資產類別」，因爲它專注於強調過多的債務問題，這在歷史上一直阻礙其機構採用。但是，他注意到知名金融參與者對加密貨幣的處理發生了重大轉變。
「彭博社對加密貨幣和ETF的和解報道感覺很重要。以及爲什麼索羅斯基金對加密貨幣感興趣同樣重要。」 古德寫道，他暗示這些事態發展表明了有影響力的政府內部人士的默許。
他推測，這種變化可能是由於地緣政治因素造成的，例如在2014年克里米亞入侵後，俄羅斯開始分散儲備，使其遠離美元。好消息認爲，加密貨幣現在得到了強大的金融和政治實體的 「令人不安的官方祝福」。
與普遍的看法相反，古德淡化了加密貨幣的潛在選舉風險。他認爲，由於 「彭博、索羅斯、貝萊德和左翼財團」 等主要參與者處於機構採用的最前沿，比特幣（加密貨幣：BTC）和以太幣（加密貨幣：ETH）的政治風險可能被誇大了。
Good 提醒加密投資者 「注意與印鈔機關係密切的人」，並暗示當前的市場狀況有利於加密投資。
另請閱讀：斯卡拉穆奇：「特朗普的當選要失敗」；說賀錦麗應該做些什麼才能獲勝
爲何重要：Good提醒交易者，當前的環境可能會發生變化，敦促他們保持警惕，如果發生重大政策轉變，「重新評估」。古德說，如果副總裁賀錦麗就比特幣ETF上市的原因發表意見，情況可能會改變，但這不太可能。
共和黨候選人唐納德·特朗普一直是加密貨幣的熱心支持者，他最近發表的建立國家戰略加密貨幣儲備的言論突顯了這一點。在最近的比特幣會議上，特朗普表示：「永遠不要出售你的比特幣...美國將成爲地球的加密之都和世界的比特幣超級大國，我們將把它做好。」
另一方面，賀錦麗對加密貨幣的立場仍然模棱兩可，因爲她沒有就此發表任何公開聲明。但是，她的陣營一直在聯繫一些加密行業專家，他們傳聞她也將採取支持加密的立場，這與喬·拜登總統不同。
下一步是什麼：Benzinga即將於11月19日舉行的數字資產未來活動預計將全面探討比特幣作爲機構資產類別的影響力。
該內容部分是在人工智能工具的幫助下製作的，並由Benzinga編輯審查和發佈。
圖片：Shutterstock
