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Title: [2020-10-20]BTC Is An Insurance Policy Against The Fed, Warns Former FB Exec Post by: Karartma1 on October 11, 2020, 04:06:20 PM The U.S. dollar has been under pressure this year, taking a big hit as the coronavirus pandemic wreaked havoc on America's economy.
In the run up to next month's U.S. presidential election, investors are scrambling to understand how a win for either incumbent Donald Trump or Democratic challenger Joe Biden will move the dollar and currency markets. However, former Facebook executive-turned venture capitalist, Chamath Palihapitiya, has warned neither Biden nor Trump will help U.S. dollar—but holding bitcoin is an "insurance policy" that helps him to "sleep soundly at night." More here https://www.forbes.com/sites/billybambrough/2020/10/11/neither-trump-nor-biden-will-help-the-us-dollar-warns-early-facebook-exec-calls-bitcoin-an-insurance-policy/ I would add you sleep even better if you DO control your keys. ;) |