‘Properties like Ethereum, Algorand are gonna go up’ because…
The market **is** choosing — Bitcoin and other cryptocurrencies — over paper money, with which governments are conducting a very dangerous experiment. Although, here’s another common scenario. Buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold. This renowned hedge fund manager recently discussed the same in a CNBC interview – although incorporated a different scenario to this discussion. Anthony Scaramucci, a former White House Communications Director expects Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior inflationary hedge.