The Austrian investor – Ronald-Peter Stoeferle – opined that bitcoin’s USD value would skyrocket with unimaginable temps in the next decade. Still, he believes that the primary cryptocurrency would never flip gold praising the precious metal as the most secure financial instrument. As such, he made a compelling argument that gold operates as a safe Volvo, while BTC is a wild ride like a Ducati.
How Does BTC’s Future Look Like?
In a recent interview for Kitco News, Ronald-Peter Stoeferle – Managing Partner and Fund Manager at Incrementum AG – gave his two cents regarding the merit of the cryptocurrency and its correlation to gold.
The author of the “In gold we trust” report said bitcoin and the yellow metal are actually very similar financial tools. In his opinion, they are not “enemies” as they are both “hedges against all those big monetary experiments” and fiat money. Investors should not choose one over the other but have an allocation in both.
Speaking about
Is DeFi a Public Good?
In crypto, specifically DeFi, this distinction is a bit less clear. Czytaj więcej We współpracy z: https://decrypt.co/101434/is-defi-a-public-good
