Today news
About the same in other media
'Paper Money' Hits All-Time Low Against Bitcoin & Other Hard Assets – Pantera’s CEO
Reading now: 706
cryptonews.comAs bitcoin (BTC) reaches new all-time highs, the value of paper money has hit an all-time low against hard assets, as “inflation is everywhere,” according to Pantera Capital CEO Dan Morehead.
“It seems like the price of everything is surging up,” Morehead wrote in his monthly letter to investors, which in its entirety was dedicated to the topic of sound money and how inflation, today and throughout history, has shaped the world.
On the same note, the Pantera CEO continued by noting that it may seem odd that we have inflation during what he described as “a worldwide financial crisis.”
However, he explained that the situation is easier to understand when one first realizes that “the value of most things is relatively stable,” adding that “it’s
Read more on cryptonews.comAbout this in other media
Back to back all-time highs from AVAX, ENJ and EGLD suggest it’s ‘altseason’ cointelegraph.com /3 years ago
3 reasons why Keep3rV1 (KP3R) price hit a new all-time high this month cointelegraph.com /3 years ago
Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs — latest data cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
