{"id":230,"date":"2022-10-15T03:11:16","date_gmt":"2022-10-15T03:11:16","guid":{"rendered":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/"},"modified":"2022-10-15T03:11:16","modified_gmt":"2022-10-15T03:11:16","slug":"strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price","status":"publish","type":"post","link":"https:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/","title":{"rendered":"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price"},"content":{"rendered":"

An investment strategist at Southeast Asia\u2019s largest bank, DBS, says bitcoin is unique whether the price changes or not. \u201cIf we just look purely on a price basis, you will see a lot of volatility and that doesn\u2019t inform you a lot about what benefits it actually brings,\u201d the DBS strategist emphasized.
\n<\/strong><\/p>\n

DBS Strategist on Bitcoin\u2019s Uniqueness<\/h2>\n

DBS investment strategist Daryl Ho talked about bitcoin in a recent media briefing, Finews Asia reported Friday. He explained, \u201cIf we just look purely on a price basis, you will see a lot of volatility and that doesn\u2019t inform you a lot about what benefits it actually brings,\u201d elaborating:<\/p>\n

I think bitcoin is still unique whether the price changes or not.<\/p>\n

Ho proceeded to point out that bitcoin\u2019s uniqueness is not driven by its price but rather its utility that allows value transfers in a decentralized manner without the need for a central counterparty to clear the trade, the publication conveyed.<\/p>\n

\u201cMost of the methods by which you trade assets require a central clearing party to verify the trade,\u201d Ho detailed, adding that bitcoin presents an opportunity that fiat money does not offer. \u201cBecause fiat monetary systems are still governed by central banks,\u201d the strategist stressed, noting that bitcoin\u2019s 13-year track record further boosts confidence in the cryptocurrency.<\/p>\n

\u201cIf you were holding onto certain rationed assets at the start of February, you may not have been able to liquidate them at will because sometimes, exchanges were closed,\u201d he continued, emphasizing:<\/p>\n

But the bitcoin market was open 24\/7. So there was an avenue for you to raise cash and liquidity, if necessary. Before bitcoin, there has never been any avenue that could do this.<\/p>\n

DBS launched<\/a> a digital asset exchange in December 2020. The platform supports the trading of four cryptocurrencies: bitcoin, bitcoin cash, ether, and XRP<\/a>. In August, the bank revealed that the trading volume on its digital asset exchange soared<\/a>, noting that \u201cInvestors who believe in the long-term prospects of digital assets are gravitating towards trusted and regulated platforms to access the digital asset market.\u201d Last month, DBS rolled out self-directed crypto trading<\/a> via its Digibank app.<\/p>\n

Piyush Gupta, the CEO of DBS Bank Group, said<\/a> in March that he does not think cryptocurrency will become money but stated that \u201cit can be an alternative to gold and its value.\u201d The bank also recently entered the metaverse<\/a> by partnering with The Sandbox.<\/p>\n

What do you think about the DBS investment strategist\u2019s comments about bitcoin? Let us know in the comments section below.<\/strong><\/em><\/p>","protected":false},"excerpt":{"rendered":"

An investment strategist at Southeast Asia\u2019s largest bank, DBS, says bitcoin is unique whether the price changes or not. \u201cIf we just look purely on a price basis, you will see a lot of volatility and that doesn\u2019t inform you a lot about what benefits it actually brings,\u201d the DBS strategist emphasized. DBS Strategist on […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\nStrategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price - Latest Cryptocurrency & blockchain News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/\" \/>\n<meta property=\"og:locale\" content=\"ko_KR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price - Latest Cryptocurrency & blockchain News\" \/>\n<meta property=\"og:description\" content=\"An investment strategist at Southeast Asia\u2019s largest bank, DBS, says bitcoin is unique whether the price changes or not. \u201cIf we just look purely on a price basis, you will see a lot of volatility and that doesn\u2019t inform you a lot about what benefits it actually brings,\u201d the DBS strategist emphasized. DBS Strategist on […]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/\" \/>\n<meta property=\"og:site_name\" content=\"Latest Cryptocurrency & blockchain News\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-15T03:11:16+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2\ubd84\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"http:\/\/live-script.xyz\/#organization\",\"name\":\"Latest Cryptocurrency & blockchain News\",\"url\":\"http:\/\/live-script.xyz\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ko-KR\",\"@id\":\"http:\/\/live-script.xyz\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/live-script.xyz\/wp-content\/uploads\/2022\/07\/cropped-cropped-pngwing.com_.png\",\"contentUrl\":\"https:\/\/live-script.xyz\/wp-content\/uploads\/2022\/07\/cropped-cropped-pngwing.com_.png\",\"width\":2000,\"height\":800,\"caption\":\"Latest Cryptocurrency & blockchain News\"},\"image\":{\"@id\":\"http:\/\/live-script.xyz\/#\/schema\/logo\/image\/\"}},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/live-script.xyz\/#website\",\"url\":\"http:\/\/live-script.xyz\/\",\"name\":\"Latest Cryptocurrency & blockchain News\",\"description\":\"\",\"publisher\":{\"@id\":\"http:\/\/live-script.xyz\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/live-script.xyz\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"ko-KR\"},{\"@type\":\"WebPage\",\"@id\":\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/\",\"url\":\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/\",\"name\":\"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price - Latest Cryptocurrency & blockchain News\",\"isPartOf\":{\"@id\":\"http:\/\/live-script.xyz\/#website\"},\"datePublished\":\"2022-10-15T03:11:16+00:00\",\"dateModified\":\"2022-10-15T03:11:16+00:00\",\"breadcrumb\":{\"@id\":\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#breadcrumb\"},\"inLanguage\":\"ko-KR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"http:\/\/live-script.xyz\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price\"}]},{\"@type\":\"Article\",\"@id\":\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#article\",\"isPartOf\":{\"@id\":\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price\",\"datePublished\":\"2022-10-15T03:11:16+00:00\",\"dateModified\":\"2022-10-15T03:11:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/\"},\"wordCount\":440,\"commentCount\":0,\"publisher\":{\"@id\":\"http:\/\/live-script.xyz\/#organization\"},\"articleSection\":[\"crypto-news\"],\"inLanguage\":\"ko-KR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#respond\"]}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price - Latest Cryptocurrency & blockchain News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/","og_locale":"ko_KR","og_type":"article","og_title":"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price - Latest Cryptocurrency & blockchain News","og_description":"An investment strategist at Southeast Asia\u2019s largest bank, DBS, says bitcoin is unique whether the price changes or not. \u201cIf we just look purely on a price basis, you will see a lot of volatility and that doesn\u2019t inform you a lot about what benefits it actually brings,\u201d the DBS strategist emphasized. DBS Strategist on […]","og_url":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/","og_site_name":"Latest Cryptocurrency & blockchain News","article_published_time":"2022-10-15T03:11:16+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2\ubd84"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"http:\/\/live-script.xyz\/#organization","name":"Latest Cryptocurrency & blockchain News","url":"http:\/\/live-script.xyz\/","sameAs":[],"logo":{"@type":"ImageObject","inLanguage":"ko-KR","@id":"http:\/\/live-script.xyz\/#\/schema\/logo\/image\/","url":"https:\/\/live-script.xyz\/wp-content\/uploads\/2022\/07\/cropped-cropped-pngwing.com_.png","contentUrl":"https:\/\/live-script.xyz\/wp-content\/uploads\/2022\/07\/cropped-cropped-pngwing.com_.png","width":2000,"height":800,"caption":"Latest Cryptocurrency & blockchain News"},"image":{"@id":"http:\/\/live-script.xyz\/#\/schema\/logo\/image\/"}},{"@type":"WebSite","@id":"http:\/\/live-script.xyz\/#website","url":"http:\/\/live-script.xyz\/","name":"Latest Cryptocurrency & blockchain News","description":"","publisher":{"@id":"http:\/\/live-script.xyz\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/live-script.xyz\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"ko-KR"},{"@type":"WebPage","@id":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/","url":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/","name":"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price - Latest Cryptocurrency & blockchain News","isPartOf":{"@id":"http:\/\/live-script.xyz\/#website"},"datePublished":"2022-10-15T03:11:16+00:00","dateModified":"2022-10-15T03:11:16+00:00","breadcrumb":{"@id":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#breadcrumb"},"inLanguage":"ko-KR","potentialAction":[{"@type":"ReadAction","target":["http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/live-script.xyz\/"},{"@type":"ListItem","position":2,"name":"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price"}]},{"@type":"Article","@id":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#article","isPartOf":{"@id":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/"},"author":{"name":"","@id":""},"headline":"Strategist at Southeast Asia\u2019s Largest Bank DBS Says Bitcoin Is Unique Regardless of Price","datePublished":"2022-10-15T03:11:16+00:00","dateModified":"2022-10-15T03:11:16+00:00","mainEntityOfPage":{"@id":"http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/"},"wordCount":440,"commentCount":0,"publisher":{"@id":"http:\/\/live-script.xyz\/#organization"},"articleSection":["crypto-news"],"inLanguage":"ko-KR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["http:\/\/live-script.xyz\/strategist-at-southeast-asias-largest-bank-dbs-says-bitcoin-is-unique-regardless-of-price\/#respond"]}]}]}},"_links":{"self":[{"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/posts\/230"}],"collection":[{"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/comments?post=230"}],"version-history":[{"count":0,"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/posts\/230\/revisions"}],"wp:attachment":[{"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/media?parent=230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/categories?post=230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/live-script.xyz\/wp-json\/wp\/v2\/tags?post=230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}