More billionaires turning to crypto on fiat inflation fears By Cointelegraph
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Previously anti-crypto investors are increasingly turning to (BTC) and its brethren as a hedge against fiat currency inflation concerns.
One example is Hungarian-born billionaire Thomas Peterffy, who in a Saturday Bloomberg report said that it would be prudent to have 2%–3% of one’s portfolio in crypto assets just in case fiat “goes to hell.” He is reportedly worth $25 billion.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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Previously anti-crypto investors are increasingly turning to (BTC) and its brethren as a hedge against fiat currency inflation concerns.
One example is Hungarian-born billionaire Thomas Peterffy, who in a Saturday Bloomberg report said that it would be prudent to have 2%–3% of one’s portfolio in crypto assets just in case fiat “goes to hell.” He is reportedly worth $25 billion.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.