Bitcoin is disruptive, making its market cycles erratic, Horizen CEO says

Cointelegraph

Published Nov 26, 2020 01:00PM ET

Updated Nov 26, 2020 03:40PM ET

Launched nearly 12 years ago, Bitcoin (BTC) is known for its often volatile market cycles. Though some feel that Bitcoin's position as a store of value keeps these cycles fairly consistent, Rob Viglione, co-founder and CEO of Horizen, disagrees.

“The only consistent thing about Bitcoin and crypto markets is a large degree of uncertainty,” Viglione told Cointelegraph. “We’re witnessing, in real-time, the birth of an industry, the birth of a new monetary system, and the birth of a new peer-to-peer economy; creating a new world is messy business.”

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