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Billionaire investor George Soros supportive to Bitcoin

 


George Soros, the founder of Soros Fund Management has revealed about its investment in the top cryptocurrency Bitcoin. According to the chief executive officer of an asset management firm Bitcoin is more of a safe haven against inflation. In his opinion, it has touched the mainstream. 


According to Dawn Fitzpatrick, the chief executive officer of Soros Fund Management, $50,000 is supposed to be the trading price of Bitcoin. By commenting further on it, she expressed her views on the latter cryptocurrency and said that she is not sure about it as a safe zone at the time of inflation. 


200 million users of Bitcoin


She too agrees with George Soros in Bitcoin crossing the mainstream. At present, the market capitalization of Bitcoin is $2.4 trillion. Worldwide, there are around two hundred million users of BTC. In that way, both George Soros and Dawn Fitzpatrick are right in their own perspective. 


Dawn is the first woman to hold both the position as a CIO and CEO of Soros Fund Management. She also revealed that they do have some coins but not of the maximum amount. The coins themselves fail to uphold interest in comparison to defi. 


Explore more about ongoing updates of cryptocurrency and topics like ICO whitepaper writing service by logging on to the Cryptoknowmics website. 



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