Francis Pouliot names key factor supporting Bitcoin's long-term price
@francispouliot_: Pouliot on Bitcoin growth
Francis Pouliot, a prominent figure in the cryptocurrency world, highlights the importance of Bitcoin self-custody infrastructure in increasing Bitcoin's value.
The recent statement by Pouliot offers a clear perspective on the factors contributing to Bitcoin's price dynamics. Pouliot asserts that while non-fungible tokens (NFTs) and memecoin activities, as well as political involvement in cryptocurrency, are perceived as drivers of Bitcoin price hikes, they do not offer sustainable growth for the digital currency.
According to Pouliot, a more substantial and continuous influence comes from grassroots merchant adoption and the development of infrastructure supporting Bitcoin self-custody. These elements, he suggests, have the potential to provide enduring support for Bitcoin's price in the long term. His insights emphasize the strategic direction needed for Bitcoin to maintain and enhance its market position.
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In the previous news, author Francis Pouliot spoke about the importance of ethical investment in the crypto sphere, emphasizing the need for careful evaluation of digital assets.
