According to one of the executives of Morgan Stanley, central banks are inadvertently pushing a whole generation of investors towardsinvestments in bitcoin (BTC) and other crypto assets.
In an interview with CNN, head of Morgan StanleyFor the developing markets and global macros, Ruchir Sharma explained that central banks around the world have begun to buy custom-made bonds in order to save money. For this, they have printed millions of dollars in fiat currencies.
“I think that some of the imaginative investorseveryone else is buying gold, but young people, millennials, bitcoins and crypto-assets. In general, it says about what to print with central banks of money in such a number of means to search for alternative assets ", - noted Sharma.
Experts' observations are in line with the specifications of the General Director and the Head of the International Financial Conferencing Company deVere Haigel Gpargel.
In particular, he declared that “fundamentalthe factors that make bitcoin an attractive investment, gain strength ", even despite the recent drop in prices, in the bottom of the BTC there is no more than $ 10.
“Critics and supporters of Finnish traditionswill use the current temporal drop of bitcoin as a prelude to weaken the strong sides of digital assets. One reality is that the benefits for the use of the powerful bitcoin are stronger this year than ever. "
Grin predicts that there is an interest in cothe side of investors will be able to provide a confident increase in the price of the main cryptocurrency. At the time of the article's title, BTC was trading at the level of $ 10,197, showing growth by 2.4% per day, having reduced its weekly losses to 11%. It is interesting that for a month the price decreased by 1Z% and practically did not change for a year.
The interview with Ruchom Sharm can be found in the tweet.
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