Thomas Peterffy, founder and chairman of Interactive Brokers, recently interviewed Forbes. Bitcoin (BTC) and to cryptocurrencies made important statements about
The 77-year-old American billionaire has been blamed for US authorities’ facilitating illegal activities of cryptocurrencies. cryptocurrencies He said he thought he could ban it.
“I Will Keep Buying Bitcoin!”
BTC including all cryptocurrencies Thomas Peterffy, who warned investors that it could be banned, said that he continues to invest in cryptocurrencies and will.
“I continue to invest in cryptocurrencies but it may not be a good idea.
Because most likely BTC and other cryptocurrencies will become worthless or illegal.
The frequent use of cryptocurrencies in illegal activities and the facilitation of these activities may cause the US government to ban the crypto asset class.
Even if Bitcoin is banned, its value decreases. BTC HODLer I continue to be. Even more if Bitcoin’s price drops to $12,000 BTC I’ll take it.”
The famous billionaire added that investors should consider keeping 2%-3% of their wealth in crypto to hedge against depreciation in fiat currencies.
“Inflation Is Not A Short-Term Issue!”
Finally, the American billionaire, who stated that the inflation problem in the USA will continue a little longer, said that inflation will continue to increase for the next few years.
“I believe that inflationary pressures will continue for years, not months. This is not a short-term issue.”
Believing that inflation will be a long-term problem, Peterffy advised investors to focus on publicly traded companies, stating that the current environment is a great time to do research and invest in company stocks.