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BlockTower’s CIO Predicts Hyperinflation Could Send Bitcoin Parabolic

Published 08/03/2020, 01:53 PM
Updated 08/03/2020, 03:40 PM
BlockTower’s CIO Predicts Hyperinflation Could Send Bitcoin Parabolic

Ari Paul, CIO and co-founder at crypto hedge fund BlockTower Capital, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by the monetary policies of central banks.

According to Paul, the Federal Reserve will eventually need to devalue the dollar as a means to pay its increasingly high sovereign debt.

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