Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra (LUNA, now rebranded LUNC) and Celsius (CELH) and the following market sell-off will lead to regulatory action that will likely favor Bitcoin (BTC) over the rest of cryptocurrency.
“I’m going to be watching for regulation developments, just signifying that Bitcoin is a digital property and that maybe there’s more fair accounting that can be done to allow institutions to invest,” she said in her latest interview with Cointelegraph. “And the other cryptocurrencies, I think will be deemed securities,” she continued.
Brunell defines herself as a Bitcoin maximalist and therefore sees Bitcoin as a fundamentally different asset class from the rest of crypto, especially because of its trustlessness nature.
“I see it [Bitcoin] as digital property, as a savings technology, and that’s why I focus my energy on that,” she pointed out, adding that other cryptocurrencies are much more vulnerable to third-party risks.
“I have to worry about: who’s creating them [altcoins]who’s expanding the supply, who might be hired or fired, what experiment are they trying?”
After a brilliant career in journalism, Natalie went full-time in crypto after discovering Bitcoin. She then launched the Coin Stories podcast, where she interviews the leading voices of the crypto industry.
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