Travis Kling, founder of Ikigai hedge fund, said that in the current macroeconomic climate, Bitcoin (BTC) has become a unique hedging instrument.
Speaking to CNN on September 15, he said that Bitcoin has become an “exceptional insurance policy” that protects against financial and fiscal irresponsibility of central banks and governments.
“The most significant investment opportunity”
Hedge fund veteran worth severalBillion dollars told how his interest in cryptocurrencies developed over the ten-year history of Bitcoin. With more and more knowledge of digital currencies, Kling recognized Bitcoin as “the most significant investment opportunity.”
If earlier cryptocurrencies were isolated from the traditional financial sector, now, according to Kling, the evolution of bitcoin has become very convincing:
“Now is an incredibly interesting time, givenglobal macro perspective. Cryptocurrencies seem to be made for our time. Given what we have in monetary and fiscal policy by central banks, governments, and technology giants, it is data privacy issues that are at the center of collective consciousness. ”
According to Kling, independence, globalism,Bitcoin's limited supply and decentralization distinguishes it as a particularly reliable investment and assigns it a special place among other cryptocurrencies.
“The most stable money in the history of mankind”
Kling noted that today the world needs bitcoin more than ever, and that tomorrow it will need it even more than today.
“Obviously, all central banks seekdevalue your currencies. Their money depreciates against assets that are clearly in short supply. Bitcoin’s deficit is more provable than gold, and it’s the most stable money in the history of mankind. ”
It seems that the uncertainties in the global economic picture are almost unanimously recognized by analysts around the world.
In July, digital research firmassets Delphi Digital published a report concluding that the current macroeconomic landscape is creating a “perfect storm” that could trigger a rise in the price of Bitcoin.
In June, a Deutsche Bank spokesperson said that current central bank policies are making “alternative currencies” more attractive.
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