Bitcoin Advice from Forbes to Turkey

As you know, the economic agenda of our country is being shaken by a major currency crisis, although it has increased in the last few months. last week last week based on level 14 The dollar rate, the constant depreciation of the TL, the price hikes we encounter in every aspect of life, this currency crisis, which occupies most of our agenda, also draws the attention of the world press and economists.

There has been an interesting development in this regard in the past months, and The company with the most Bitcoins Michael Saylor, the founder of MicroStrategy, had given Bitcoin investment advice to Turkey in an interview. Now another piece of advice came from Frank Holmes, CEO and chief investment officer of US Global Investors, a publicly traded investment firm with more than $4 billion in assets, in an article published in Forbes.

‘Bitcoin can solve the currency crisis’

Holmes, who shared information on Turkey’s recent economic situation and the crisis in his article, ‘like many people’ It is believed that Bitcoin can be a solution to the currency crisis and the loss of value in TL. He states that he believes. He based his idea on the book ‘Denationalization of Money’ written by economist Friedrich Hayek about 45 years ago.

In general, the book argues that private and competitive currencies should be established in economies. If the competition ‘for the good of the people’‘ is expressed. Holmes, with a perspective that supports this strategy, is also mentioned today. ‘competitive and private currencies’He says that there are cryptocurrencies and cryptocurrencies such as Bitcoin can solve problems such as the depreciation of TL.

At the same time, Holmes stated that cryptocurrencies such as Bitcoin stand out with the ever-increasing value of ‘traditional’ currencies such as dollars and TL, and at this point, these currencies are constantly losing value. alternatively putting Bitcoin argues.