The current fiscal and monetary environment will accelerate the rise of programmable currencies such as Bitcoin

According to Beincrypto, digital asset management agency Electric Capital recently released a report that the current fiscal and monetary environment will accelerate the rise of programmable currencies, such as Bitcoin. For most of the past three years, Bitcoin has been closely related to mainstream financial assets. However, in the past few months, Bitcoin has gone out of the independent market. Related to the US dollar, Bitcoin is not currently a store of value, but it has already shown this potential. In addition, the trust of existing systems such as government, media, and financial markets is currently collapsed, and encryption systems like Bitcoin can make up for this lack of trust.