Mike McGlone, known as Bloomberg’s “best strategist”, commented on the security of Bitcoin.
Mike McGlone said in a statement that Bitcoin has never been more secure since the Satoshi era. Strategist’s comments resonated in the cryptocurrency community.
Mike McGlone: Bitcoin Has Never Been This Strong Since Satoshi
According to Mike McGlone’s latest view on crypto, BTC is more reliable than under Satoshi Nakamoto, despite pressure from US officials. Mike McGlone, senior macro strategist at Bloomberg Intelligence, commented on his latest outlook on the cryptocurrency industry, focusing on current issues such as liquidity, regulatory frameworks, stablecoins and of course Bitcoin (BTC).
McGlone underlined an important point by stating that the Bitcoin network has never been as secure as it is today. As the macro strategist reported, Bitcoin’s hashrate has increased by an impressive 25 percent since the start of the year. This indicates that the trust of network participants is currently at its absolute high levels. The analyst states that this is despite direct attacks by US regulators on miners.
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