Mark Yusko, CEO of Morgan Creek Capital, has highlighted the annual depreciation of fiat currencies, estimating a loss of around 7% in value each year. In response to this decline, Yusko recommends a gradual transition of savings into Bitcoin, suggesting it as a more stable store of value. This advice comes amid ongoing discussions about Bitcoin's potential as a hedge against inflation and currency devaluation.
Mark Yusko Advocates Gradual Shift from Fiat to Bitcoin
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
