Investors are increasingly viewing Bitcoin as an investment asset rather than a payment tool, according to an industry leader. Paul Brody, who serves as the head of blockchain at Ernst & Young, made the comments in a recent interview.
As reported by the Odaily, Brody painted a picture of how investors perceive Bitcoin. He indicated that investors are buying Bitcoin primarily as a value-holding asset, steering clear from its use as a payment tool. The sentiment adds to the ongoing discussion about the role of Bitcoin in the investment versus payment landscapes. Brody's comments were initially shared in a CNBC interview.
