Popular trading analyst and crypto commentator Peter Brandt has questioned whether bitcoin can become a globally recognized currency.
In a Twitter poll published August 26, Brandt asked his 370,000+ followers whether bitcoin could establish itself as a global currency without the backing of Central Banks.
According to the poll’s results, forty-seven percent of respondents believe that bitcoin can become a global currency, while thirty-five percent said no. The remaining eighteen percent of pollees elected the “no clue” option.
Brandt has a history of providing market commentary on crypto-assets, including bitcoin. In July, the popular chart analyst said bitcoin’s technicals had formed a symmetrical triangle, pointing to new all-time price high before settling at $50,000.
Earlier in the month, Brandt bashed stablecoin maker Tether as being an “accident waiting to happen.” The veteran trader went on to criticize USDT as just “another fiat currency.”
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