Alice, Commercial Director of ProEX: Bitcoin could be the best weapon against inflation.

2020-7-15 11:20
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Since the advent of the novel coronavirus (COVID-19), the global market has been affected, and since then the public has not mentioned the less “hot” assets. And as market concerns persist, investors appear to be looking for safe haven assets as gold hit $ 1,802 an ounce across the press. Alice, Commercial Director of ProEX, said: “The economy will be as it was in the 1970s, and the outlook for inflation is volatile and rising. During the Great Depression of 1970, gold was rose from $ 35 an ounce in 1971 to $ 35 an ounce in 1974. It rose sharply when it hit the $ 180 mark. In this environment, bitcoin, which has a lot in common with gold, could become "the best weapon against inflation".

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Alice, Commercial Director of ProEX: Bitcoin could be the best weapon against inflation.
Since the advent of the new coronavirus (COVID-19), the global market has been affected, and since then, the public has not mentioned less "hot" assets. And as market concerns persist, investors appear to be looking for safe-haven assets, with gold hitting $ 1,802 an ounce in the press. Alice, Commercial Director of ProEX, said: “The economy will be similar to what it was in the 1970s, and the outlook for inflation is volatile and rising. During the Great Depression of 1970, gold was rose from $ 35 an ounce in 1971 to $ 35 an ounce in 1974. It rose sharply when it hit the end of $ 180. In this environment, Bitcoin, which has a lot in common with gold, could become "the best weapon against inflation".
2020-7-15 11:20