George Soros embarks on Bitcoin trading
crypto·@infoslink·
0.000 HBDGeorge Soros embarks on Bitcoin trading
<center>https://infos.link/wp-content/uploads/2018/04/george-soros.jpg</center> <br /><strong>Some call Soros because of his behavior towards crypto-currencies. The $ 26 billion company will start investing in Bitcoin and crypto-currencies according to a recent announcement.</strong> <h2>Soros starts trading crypto-currencies</h2> <strong>Adam Fisher,</strong> who oversees the macro-investment of Soros Fund Management, based in New York, <strong>has obtained internal approval for the cryptocurrency trade in recent months</strong> according to people close to the record. A spokesman declined to comment, according to Bloomberg. The company's initiative is pretty amazing, as just a few weeks ago, she said, <strong>"Dictators are turning to Bitcoin to build investments abroad. "</strong> <img src="https://infos.link/wp-content/uploads/2018/04/download-23.png" alt width="526" height="202" /><br> <strong>Soros strongly criticized digital currencies in general during a speech at the World Economic Forum in Davos</strong>on January 25 stating: <blockquote>Bitcoin is not a currency, because a currency is supposed to be a balanced store of value and currency that can fluctuate by 25% per day can not be used to pay wages because wages fall by 25% in one day. It is a speculation based on a misunderstanding.</blockquote> <h2>Obvious contradictions</h2> Soros bought shares worth $ 150 million in Overstock, a cryptocurrency company that is currently building its ICO. It is clear that Soros is now turning to cryptocurrencies. <div></div> <strong>The CEO called Bitcoin "fraud" and a few days later he bought bitcoins. 🤔</strong> Paul Krugman, a figure well known in his political spectrum, said very aggressively: <blockquote>No one who has read a business magazine can ignore the fact that these days, there are investors who not only anticipate a currency crisis but are doing their best to trigger this crisis for pleasure and profit.</blockquote> These new actors on the stage do not yet have a standard name; the proposed term is <strong>"Soroi. (Or ROI, in English, means "return on investment")</strong> Some new investors may panic and stress because of high price volatility. But the cryptocurrency community is in the second phase. In other words, <strong>institutional investors report. </strong>The wealthy billionaires, who until now had no idea what a cryptocurrency is, could now enter into a bidding war against each other for a bit of that cryptocurrency asset. <strong>What do you think of Soros' position on cryptocurrencies? What is your opinion on the possible cryptocurrency trading launched by Soros? React in the comments section.</strong><br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://infos.link/george-soros-embarks-on-bitcoin-trading/</em><hr/></center>
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