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Bruno Colmant: “There are no shortcuts on the path to prosperity, even with bitcoin”

2024-03-08T15:58:21.908Z

Highlights: Bruno Colmant: “There are no shortcuts on the path to prosperity, even with bitcoin”. The star of cryptocurrencies rose to $69,192, exceeding its previous peak of $68,991, recorded in November 2021. The rise, since last fall, was interrupted in December and January. But it has picked up again in recent weeks. This article is reserved for subscribers. You have 74% left to discover. Flash sale €4.49/month for 12 months I ENJOY IT Already subscribed? Log in.


SEEN FROM ELSEWHERE - The star of cryptocurrencies rose to $69,192, exceeding its previous peak of $68,991, recorded in November 2021. Economist Bruno Colmant warns of the danger linked to this extremely speculative asset.


Interview conducted by Dominique Berns (Le Soir)

Bitcoin reached a new all-time high on Tuesday, driven by the excitement in the cryptocurrency sector since the approval on the American market of a new type of investment accessible to a wider audience.

Its rise, since last fall, was interrupted in December and January.

But it has picked up again in recent weeks.

Thus, its value has more than doubled since mid-October.

Decoding with Bruno Colmant, economist and member of the Royal Academy of Belgium.

THE EVENING.

- For several weeks, bitcoin has been rising sharply again.

For what ?

Bruno COLMANT.

-

Several reasons can explain this.

First: a form of credibility has been established.

Bitcoin has established itself as the dominant cryptocurrency, compared to the thousands of others that existed two or three years ago.

In a way, the market has been siphoned off a bit.

Second: bitcoin benefits from recognition…

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Source: lefigaro

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