Billionaires Prefer Crypto Over Fiat Currencies

Billionaires began to prefer cryptocurrencies more than fiat currencies to avoid inflation.

by billionaires 2021 in the year growing interest in the crypto sector rather than fiat currenciesdue to inflation 2022 It is expected to continue this year as well.

Published by Bloomberg 1 January in the report dated approximately $25 billion Hungarian billionaire with estimated personal assets Thomas Peterffy, in fiat currenciesof “destruction” for precautionary purposes due to include cryptocurrencies in 2-3% of portfolios said it should. Peterffy also noted that even if some cryptocurrencies have a zero chance of “delivering from digital assets.”extraordinary returns“Winning is possible,” he said.

Bitcoin’s price in December 100 thousand dollars company owned by Peterffy Interactive Brokers Group Inc.over the past year, with the growing interest in cryptoassets. in June to customers to provide crypto services had begun. Right now Bitcoin, Ethereum, Litecoin and Bitcoin cash The company that provides the service plans to expand these options in the near future.

Billionaires known as anti-Bitcoin Ray Dalio in 2021 He became one of the billionaires who invested in crypto to protect himself from inflation. in your portfolio bitcoin and to ethereum Shortly before this statement, the billionaire, who announced that he was giving a place to himself, questioned the view of crypto as a store of value. In a statement in December, “Cash, which most investors see as a safe haven, is the worst investment in my opinion.” said Dalio, adding that he was impressed by the development of the crypto industry.

Also last year bitcoin billionaire hedge fund manager Paul TudorJones this investment hedge against inflation He said he did it for

While there is economic distress around the world due to the pandemic-related incentive premiums, in the USA disclosed 6.8% inflation, June 1982 since highest level it happened. In Turkey if 2021 year inflation rate 36.08% declared as.

Already fiat currencies and manipulations of central banks Billionaires, aware of the danger associated with the Internet, have begun to turn to more crypto assets. 2022 If this trend continues in richer investors getting involved in the crypto industry Waiting.

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