Bitcoin Is a Hedge Against ‘Irresponsible’ Federal Reserve: Asset Manager

As the bitcoin price recovers following a catastrophic bear market, crypto bulls are optimistic that good times lie ahead. Moreover, they predict that the public’s embrace of bitcoin will strengthen over time as they lose faith in the Federal Reserve for its “irresponsible” fiscal policies. Travis Kling is the founder and chief investment officer of Ikigai Asset Management. He says the Fed’s recent manipulation of interest rates has caused many people to lose faith in central banks. Kling: Bitcoin Price Rally Was a Reaction to the Fed In fact, Kling believes the recent bitcoin price spike was caused by growing

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source https://www.ccn.com/bitcoin-is-a-hedge-against-irresponsible-federal-reserve-asset-manager

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