read.cash Log in
@BOMBERuss more from that month

Jim Rogers, an American investor and co-founder of #Soros Fund Management, said he regretted not buying #bitcoin more than a decade ago, when its value in US dollars ranged from $ 1 to $5. Interestingly, in 2020, he claimed that investing in cryptocurrencies is, in fact, a gamble, and predicted that the price of BTC would sooner or later fall to zero. In an interview for the Economic Times, Jim Rogers suggested that the financial system will face serious problems in the next ten years. For this reason, he decided to buy gold and silver as soon as he saw that they were trading at reasonable prices. The investor also discussed bitcoin, which, according to many experts, can serve as a protection against inflation and a suitable investment tool similar to precious metals. Rogers admitted that he does not own #BTC and regrets that he did not stock up on a small amount of cryptocurrency at a time when the asset was worth $ 1. Rogers also believes that #cryptocurrency can play a vital role in the monetary #network of the future, and criticized the digital currencies of central banks. He noted that CBDCs will have a completely different purpose and will be used by central banks and governments to monitor people's transactions. Market State Visualization:

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.