Jean-Marie Mognetti, CEO of CoinShares – a digital asset manager said:
The rest of the world needs to either keep printing money or see their own currency eroding drastically in front of the unbeatable dollars. Turkey, Brazil, or Argentina are the perfect examples of this.
Consequently, in a world where investors continue to seek protection for their portfolios against the world’s Central Bank’s behavior, bitcoin, a digital currency whose supply is programmatically defined to reduce until it reaches its maximum supply, would seem to be the perfect hedge for any institutional investor portfolio.
Crypto investors have pointed out that Bitcoin prices drop after each halving event and it can be observed in the first few months after the halvings in 2012 and 2016. And it’s expected to happen again this year, especially because of the circumstances. However, experts have a positive outlook and some expect Bitcoin prices to grow higher in the future.
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