By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
  • Home
  • News
    • Cryptopedia
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • Altcoin News
    • Latest Metaverse & NFT News
      • Metaverse & NFT Games
      • Virtual Land
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Search
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit Press Release
  • Submit NFT Project
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: More Billionaires Moving To Crypto Due To Fiat Inflation Threats.
Share
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Search
  • Home
  • News
    • Cryptopedia
    • Latest Metaverse & NFT News
    • Exchanges News
    • Policy & Regulation
    • Web Stories
  • Press Release
    • Sponsored Article
    • Submit Press Release
  • Interviews
    • Opinion
  • Expert Alliance
    • About Expert Alliance
    • Expert Alliance Benefits
    • Experts List
    • Apply for Expert Alliance
  • Guide
    • NFT Review
    • Game Review
    • Submit NFT Project
  • Videos
  • Events
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
  • Global
  • Japan
  • South Asia
  • Partners
  • Community
HOME > INTERVIEW > OPINION > More Billionaires Moving To Crypto Due To Fiat Inflation Threats.
NewsOPINION

More Billionaires Moving To Crypto Due To Fiat Inflation Threats.

news room
Posted news room January 3, 2022 451 Views 4 Min Read
Updated 2022/02/23 at 2:03 PM
More Billionaires Moving To Crypto Due To Fiat Inflation Threats
SHARE

More billionaires moving to crypto due to fiat inflation terror. Also, the trend of investing in crypto will increase more in 2022  due to the fear of fiat inflation.

Contents
Probabilities More Billionaires Moving To Crypto This Year.Thomas Petterfy Opinion About Bitcoin Investment:Another Billionaire About Crypto Investment:
More Billionaires Moving To Crypto Due To Fiat Inflation Threats

Probabilities More Billionaires Moving To Crypto This Year.

Previously, the anti-crypto investors are increasingly shifting to bitcoin and its brethren. As a hedge against fiat currency inflation fear.

For an example of a Hungarian- born billionaire Thomas Peterrfy who stated on Jan.1 that it would be shrewd to keep 2 to3% of one’s portfolio in crypto assets just in case fiat “ goes to hell”, according to Bloomberg Report.

A Hungary Based Billionaire Thomas Peterffy.

Furthermore, previously, his company, Interactive Brookers Group Inc, announced that it would be offering crypto trading to its clients in the middle of  2020, due to the high demand for digital assets class.  Presently company offers Bitcoin, Ether, Bitcoin, and Bitcoin Cash. And also increasing that selection by another 5 to 10 coins this month.

As per another Bloomberg report, the Billionaire who himself owns a closed untold amount of crypto said that it is possible that digital assets could garner extraordinary returns. Even if some could also go to zero. He added this before saying  “I have no idea” that :

“I think it can go to zero, and I think it can go to a million dollars”.

Before December, the billionaire Thomas  Peterrfy anticipated that the bitcoin could climb as high as $100,000 before markets begin to retreat it.

Thomas Petterfy Opinion About Bitcoin Investment:

Another well-known billionaire Ray Dalio, who owns Bridgewater Associates, unveiled that his portfolio holds some bitcoin, and etherum, last year.  Just after a few months, this confession came on screen, after he asked about the crypto properties as a store of worth.

Another well-known billionaire Ray Dalio owner of Bridgewater Associates.

Now, he shifted his pose and sees investment in crypto assets as an alternative investment. Money in a world where money is trash with inflation crumbled the buying power.

Before throwing his statement that  “ Cash, which most investors think, is the safest investment is, I think the worst investment”. Dalio presented his comment, in late December, that he was impressed with how crypto has lasted.

Another Billionaire About Crypto Investment:

Last year, An American billionaire, and hedge fund manager, Paul Tudor Jones also purchased Bitcoin labeling the step as a hedge against swelling.

Moreover, this covid-19 outbreak has caused great damage to the economy worldwide. The result could remain for decades. Additionally, the US inflation breached the record of 4 decades, as it reached an 8.8% high. Consequently, a surge in the Consumer Price Index (CPI), as the prices of daily goods are increasing continuously.

Lastly, the billionaires are foreseeing the threatening alarms by fiat currency, and central bank manipulation. That’s why they are fastly switching to cryptocurrencies. If the trend stays continuous in 2022, we will see more billionaire investors joining their ranks. 

Please don’t forget to leave your comments and feedback. As well as you can connect with us on our NFT based community on our social media accounts on Instagram, Facebook, and Twitter. Feel free to share your thoughts, and comments with us.

Disclaimer: We are not experts or financial advisors. Kindly, take your decisions at your own risk.

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Could Tesla Start Accepting dogecoin? Can Tesla Start Accepting dogecoin? Is it Possible?
Next Article Play It Forward DAO Guild Raises $6 Million To Make P2e Gaming Easier Play It Forward DAO Guild Raises $6 Million To Make P2e Gaming Easier.
Leave a comment

Leave a Reply

You must be logged in to post a comment.

Don’t miss the NFT Drops! Sign up Now

I have read and agree to the terms & conditions

Latest News

Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
BLOCKCHAIN NEWS EXCHANGES News WEB3 March 25, 2023
DeFi protocol DefiLlama has resolved its internal conflicts 1
DeFi protocol DefiLlama has resolved its internal conflicts
CRYPTOPEDIA News WEB3 March 21, 2023
Crypto Fear and Greed Index has reached its highest level
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWS News March 21, 2023
Join us
Ad imageAd image

You Might also Like

Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan
BLOCKCHAIN NEWSEXCHANGESNewsWEB3

Oasys and SBI VC Trade team up to bring new wallet solution for blockchain gaming in Japan

March 25, 2023
DeFi protocol DefiLlama has resolved its internal conflicts 1
CRYPTOPEDIANewsWEB3

DeFi protocol DefiLlama has resolved its internal conflicts

March 21, 2023
Crypto Fear and Greed Index has reached its highest level
BITCOIN NEWSNews

Crypto Fear and Greed Index has reached its highest level

March 21, 2023
Project AI Powered Trading Platform Accused of Draining 1M from Users
AIBLOCKCHAIN NEWSNews

Project ‘AI-Powered’ Trading Platform Accused of Draining $1M from Users

March 20, 2023
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

GET IN TOUCH

  • About us
  • Advertise with us
  • Media Kit
  • 365 Media Plan
  • Submit NFT Project
  • Careers
  • Contact us
  • Privacy Policy

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance
//

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Web3,Blockchain & Metaverse Education Media PlatformWeb3,Blockchain & Metaverse Education Media Platform
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

Removed from reading list

Undo
Join us metaverse Join us metaverse
Welcome Back!

Sign in to your account

Register Lost your password?