Macro Analyst Lyn Alden Says Bitcoin (BTC) on Track to Becoming a Medium of Exchange – Here’s Why

Macro Analyst Lyn Alden Says Bitcoin (BTC) on Track to Becoming a Medium of Exchange – Here’s Why


Macro strategist Lyn Alden believes that it’s only a matter of time before the volatility of Bitcoin (BTC) falls thereby enabling it to be a practical medium of exchange.

Alden says in a What Bitcoin Did podcast that currently, however, the flagship crypto asset fails as an “ideal medium of exchange.”

“In the really early phases, unless you specifically need censorship resistance or unless you’re in an unbanked environment, for a lot of people in developed countries Bitcoin is not the ideal medium of exchange. Unless they are de-platformed or they just really want to use it right um they’re they are super into it.”

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According to the macro strategist, Bitcoin’s volatility will decline as the adoption level rises.

“If you go through five more

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