According to Strike CEO Jack Mullers, inflation in the U.S. is setting the stage for a massive redistribution of capital in favor of bitcoin and other virtual coins.
Investments may be boosted by a $300 billion infusion into the U.S. banking sector last week.
Mullers believes that the dollar will depreciate, while bitcoin, on the contrary, is increasingly seen as a safe instrument for accumulating capital.
On CNBC, Strike’s CEO said:
“The printing press is already up and running and it’s clear to us and our clients that you can no longer hold funds in the dollar.”
Mullers supports those experts who point to bitcoin’s main advantage in its limited issuance.
Dollars can be issued in any amount, and the cryptocurrency has a strictly fixed supply. That is why investors are already looking closely at BTC and preparing for a large redistribution of capital in favor of the digital asset, the businessman stressed.