Managing Partner of Chapwood Capital Investment Management: Bitcoin will never be a means of value storage

According to CCN, Ed Butowsky, managing partner of Chapwood Capital Investment Management, said: “Real value storage is something that maintains its practicality and real purchasing power regardless of the environment. Money is not a means of storing value. This is an exchange. Means. No matter how the environment is, money will not be preserved. We have seen this in various cases of hyperinflation. The same is true for gold and precious metals. Bitcoin is essentially worthless.” Ed Butowsky pointed out that understanding Bitcoin The key to why you can never be a means of storing value is the phrase “regardless of the environment”. He added: "In the turmoil, no one will trade with bitcoin, because in this case, the only important thing is to survive."