2nd May 2020
Promises of unlimited money printing are causing the world’s largest crypto asset manager to sound the alarm among investors and promote Bitcoin as a solution. The conclusion of a new report by asset manager Grayscale is that Bitcoin (BTC) is now the best bet for investors against printing central bank money.
The world’s largest asset manager for digital currencies warned that the unlimited fiat money supply carries the risk of “devaluation” of the US dollar. Meanwhile, Bitcoin shows a 40% increase last month.
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