Soros fund CIO: We're at an inflection point due to fiat debasement

posted 10 months ago
The chief investment officer of Soros Fund Management has claimed bitcoin is at an "inflection point" following a number of crypto infrastructure bets by the George Soros-founded asset manager.

"We’ve been making some investments into that [crypto] infrastructure—and we think that is at an inflection point... When it comes to crypto generally, I think we're at a really important moment in time. Something like bitcoin might have stayed a fringe asset but for the fact that we've increased money supply in the U.S. by 25%," Soros fund's chief investment officer said, adding: "There's a real fear of basing of fiat currencies."
Tags: opinion, bitcoin