Renowned investors Paul Tudor Jones and Stan Druckenmiller, for example, have said that bitcoin is a great hedge against inflation.
Others who have recommended bitcoin as an investment include Rich Dad Poor Dad author Robert Kiyosaki who predicted last week that the U.S.
“Of course the big worry is interest rates, if the banks decide to raise interest rates after they’ve done their bond buying, then that could be a big worry not only in the U.S.
Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
A warning by Tesla and Spacex CEO Elon Musk about the mounting national debt in the U.S., government spending, and the proposal to tax unrealized capital gains has highlighted the benefits of cryptocurrencies, particularly bitcoin.