📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
The Role of Bitcoin in Investment Portfolio: A Divided Perspective
As economic discussions about inflation and the effectiveness of the Federal Reserve's strategies intensify, financial commentator Peter Schiff has reiterated his skepticism towards Bitcoin (BTC), challenging the classification of this currency on par with traditional monetary systems. Schiff's latest remarks follow comments from Jerome Powell, head of the Federal Reserve, who called Bitcoin a digital alternative to gold. However, Schiff is convinced that Bitcoin does not serve as real money and cannot compare to the financial stability of gold.
Schiff's concerns are even more serious due to recent inflation data, which he believes demonstrates the inadequacy of current federal interest rate policies to effectively manage inflation. He sees integrating Bitcoin into state financial strategies as a further premise for economic instability. Contrary to Schiff's perspective, BlackRock, the world's largest asset management company, has a more favorable stance towards Bitcoin. A recent report from BlackRock supports the inclusion of Bitcoin in a diversified investment portfolio as a strategic component The company proposes allocating 1% to 2% in the 60/40 standard investment portfolio, positioning Bitcoin on par with industry giants like Nvidia and Amazon due to its unique risk profile and diversification potential. BlackRock's recommendation emphasizes the low correlation of Bitcoin with traditional markets, suggesting it as a feasible preventive measure against systemic risks such as geopolitical tensions and financial system fragmentation. Despite the volatility of Bitcoin, BlackRock still considers its risk level to be on par with popular leading technology stocks in the current investment portfolio. BlackRock's support for this institutional framework marks a significant shift towards accepting cryptocurrencies, challenging long-standing skepticism and potentially reshaping investors' strategies. DYOR! #Write2Win #Write&Earn $BTC {spot}(BTCUSDT)