Financial Times reporter Jemima Kelly, who was the first to write about the Queen’s enthusiasm for learning more about blockchain, says perhaps the story sent the coin mooning before crashing shortly afterwards.
“We weren’t convinced that our 94-year-old monarch was really that interested in Byzantine Fault Tolerance and proof-of-work mechanisms,” Financial Times reporter Jemima Kelly writes.
“But some people got very excited about it nonetheless.”
“The CEO of Binance, the world’s biggest crypto exchange, tweeted our story saying ‘I wonder how many #Bitcoin she has’.” She added.
But Kelly says, despite what the Queen said, Bitcoin is truly hard to predict.
“Sometimes it does well in, when risk appetite is low; sometimes it does badly.”
“That all makes the price pretty much impossible to predict.”