stock market, Mashinsky told Kitco News’ Editor-in-Chief Michelle Makori and anchor David Lin on the sidelines of Bitcoin 2022 in Miami.
“We will have a recession next year … The Fed is putting a lot of pressure on the economy by hiking rates and taking liquidity out of the market.
“From the beginning of the year, the stock market has been down, but Bitcoin has recovered most of its losses.
So where are you going to park your money? The best way to do this is to move it over to an industry that is not correlated to the U.S.