The US Financial Crisis Slows The Growth Rate Of Bitcoin

A crypto expert and founder of Morgan Creek Capital Management hedge fund, Marc Jusko, is sure that the financial crisis in the United States, which began in the fall of 2008, severely slowed the growth of the leading cryptocurrency rate.

In the “Fast Money” program on CNBC, he expressed his opinion that Bitcoin is a good alternative for long-term investors. However, the current situation in the financial market makes serious players nervous.

The financier claims that the US national debt, which has exceeded $ 9 trillion and doubled in two years, will adversely affect the global investment climate. A further increase in various types of loans will in the future lead to another financial crisis in the United States and the world economy as a whole.

“For ten years, I think you can increase the capital invested in Bitcoin by a factor of 20. I really do that. This is one of those few asset classes where you have an asymmetric return rate. However, this will not happen in one year, “- concluded Mark Jusko.

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