CandleFocus Why This Exec Says Bitcoin Is the ‘Most Reliable Monetary System’
2025-01-06
Author: Content Editor
Bitcoin is being praised as the "most reliable monetary system" by Pierre Rochard, an executive at Riot Platforms. Rochard argues that Bitcoin's uptime of nearly 99.99% since its launch in 2009 supports this claim. The cryptocurrency has experienced only two downtime events, one in 2010 and another in 2013, both of which were resolved promptly by developers. Despite these early issues, Bitcoin has operated without major problems for years. The price of Bitcoin has recently surpassed $100,000 for the first time in the new year, with experts suggesting that this milestone could signal further growth. The sustained interest from institutional investors, along with decreasing funding rates and market dynamics, are seen as positive indicators for future Bitcoin growth.
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