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Equity ownership remains relevant if Bitcoin is money, Adam Livingston argues
Adam Livingston comments on the debate within the Bitcoin community regarding the use of fiat currency to purchase stocks.
He suggests that if Bitcoin establishes itself as the global unit of account, equity could be bought directly with Bitcoin, but the fundamental concept of equity ownership would persist. Livingston emphasizes that companies will continue to exist even in a Bitcoin-centric financial system.
Livingston has previously detailed the volatility in Bitcoin markets, noting that a 5.86 percent drop ranked among the worst daily declines since 2020. He also reported on ASST’s rapid growth from $17 to $793 following $150 million in Bitcoin investments and expectations for increased monthly funding in the future as ASST expanded its Bitcoin deployment. These observations come as the community debates the role of fiat and Bitcoin in equity purchases.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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