Founder of Interactive Brokers Talks Why He Owns Cryptocurrency

Online trading pioneer Thomas Peterffy Secured in cryptocurrency.

And Peter, co-founder of Interactive Brokers On Yahoo Finance Live Yahoo Finance Live He explains his position by saying:

“I already own some cryptocurrencies, as well as some gold, and I have to say that crypto has fared much better than gold.

You have to prepare for the slightest chance that things will fall apart, especially with all this crazy release of more and more money by the government.

This spending deficit, people can lose confidence sooner or later, I'm not saying they will, but they may lose confidence in paper money.”

Why could the SEC's actions against Coin base lead to the liquidation of the crypto arena?

While prices have gone up Bitcoin to me 47500 dollars, on Friday afternoon.

Peterffy, pay Interactive Brokers To the growing cryptocurrency trading market, which is currently dominated by Queen Piece Coinbase And Robinhood Robinhood.

While the company launched Interactive Brokers This week, cryptocurrency trading in partnership with the platform Baxus Paxos technology infrastructure blockchain the organization.

Where the platform allows clients Interactive Brokers , trade and save Bitcoin And Ethereum And Litecoin And Bitcoin Cash.

On the other hand, he said Peter On the predictions for the new cryptocurrency trading platform:

Cryptocurrency trading can be 20% Some of our business if you are lucky."

 

Bitcoin is the first and last monetary technology

As said by the chief investment officer of the company BlackRock، Rick Reader Expected Yahoo Finance :

“Quite frankly, I'm glad I have . This helped me learn about evolution, which is technology Blockchain increasing growth. So It is something I am happy to participate in.”

. has revealed Reader, he owns "Certainlyً small” of cryptocurrencies in many of his major investment portfolios, as he compared them to owning stakes in venture capital firms.

“I think it's going to make some real upside, and my gut feeling is that there are more buyers than sellers, and there's no doubt it's a perpetual asset class I think."

while remaining Kathy Wood Cathie Wood from Ark Invest Ark Invest, optimistic about cryptocurrency, where it was exposed wood For the ups and downs of cryptocurrency, through the performance of leveraged stocks like Queen Piece And Square Square In diversified ETFs, focused on innovation.

in the United States … Coinbase integrates Apple with Apple Pay Crypto Investments

She said wood On Yahoo Finance Live:

"Prepare Bitcoin In particular, a new global monetary system constitutes rule-based monetary policy, which is completely decentralized, and thus not subject to the whims of policy makers.

It also serves as a hedge against the whims of policy makers, especially in Emerging Markets.