988: BILLIONAIRE INVESTOR REMAINS BITCOIN HODL’ER, SAYS WILL BUY BTC IF PRICE HITS THIS TARGET LEVEL!! - a podcast by Justin Verrengia

from 2022-07-16T18:22:43

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Billionaire investor Thomas Peterffy – Founder and Chairman of Interactive Brokers – believes the American authorities might ban crypto amid concerns that they facilitate illegal activities. Nonetheless, the billionaire remains a HODLer, vowing to purchase more Bitcoin (BTC) if its price drops to $12,000.

“I believe inflationary pressures will continue for years, not months. This is not a short-term issue.Even I myself have put a little bit of money into crypto, because even though chances are, I think, that this is not going to be a viable market, I think that there’s a small chance that this will be a dominant currency, so you have to play the odds.”
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