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CoinGape

Grayscale exec predicts Bitcoin will surge regardless of US election outcome

CoinGape
Summary
Nutrition label

67% Informative

Zach Pandl , managing director of research at crypto asset management firm Grayscale Investments , said Bitcoin will skyrocket in the near term.

Pandl believes the value of the U.S. dollar could decline significantly over the next 10 to 20 years .

This potential depreciation of the dollar in turn could lead to a substantial increase in Bitcoin ’s value relative to the currency.

Bitcoin 's capped supply makes it a hedge against monetary debasement and inflation.

VR Score

59

Informative language

55

Neutral language

75

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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