The claimed coin for the US Treasury contract is the biggest Ponzi scheme in history. buy cryptocurrency
Dan Morehead, founder and CEO of Pantera Capital, which specializes in cryptocurrency in the United States, believes that the Fed's policies have caused economic turbulence and that investors must switch to buying digital tools.
"If the Fed does not regulate the trade deal, investors will be totally affected," he said in a statement on Tuesday. Morehead believes Bitcoin and crypto assets could become hedging instruments as the money market bubble begins to burst.
“Governments shouldn't interfere with Bitcoin and be very careful of themselves. The biggest Ponzi scam in history is the $ 33 trillion US Treasury and lending activity. business, ”he said. . Liability is paramount and we do business on the basis of material, non-public data. "
Early in his career, Morehead was Chairman of Julian Robertson's Tiger Management Fund, where he acquired Pantera Capital the first cryptocurrency in 2013. At the time, Bitcoin was trading at $ 65. Bitcoin hit nearly $ 69,000 last month. According to the website, Morehead currently invests in a wide range of digital assets and his company manages $ 6.4 billion in assets.
Although regulators have increasingly issued cryptocurrency warnings, Morehead argues that the depth and breadth of the Bitcoin market is immune from regulation.
He said: "The Bitcoin market is too big to be controlled. Bitcoin has traded hundreds of exchanges in many countries. Bitcoin's daily market share is 1000 times that of Game Posts (177.81, 10.69, 6.40 %) and Game Park as the commodity market is one. It is only traded in a domestic market.
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