University of California Professor: BTC is not a gold or stable asset until it is stable for a long time and is recognized by a large number of organizations and governments.

July 29th, "Do you think Bitcoin is a good way to store value? Can it be considered as 'digital gold?", Human Future CEO, University of California, Berkeley, former Palo Alto CIO Jonathan Reichental said that the biggest problem with cryptocurrencies is: Can we enter a stable phase? We have standards. It may not exist without supervision at all. This is an annoying word for the network cryptocurrency market. However, for some degree of protection, it may be necessary to develop some agreed regulations at the national and global levels. Therefore, before it is stable for a long time and recognized by the largest number of organizations and governments, I think it cannot be any gold or stable asset class.