Bitcoin is a volatility hedge, says market strategist
"[Bitcoin's] a perfect tool for speculation because the distribution of outcomes has a positive right skew, meaning it has, by design, a fat right tail," Leger said.
"I know some might criticize digital assets for not having typical fundamentals like earnings and dividends and buybacks," Leger acknowledged. "But they do have very tangible investor flows and that is a very real source of demand."

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