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Ex-CEO of SoftBank and current director at T-mobile puts 10% of his entire holdings in BTC — "We’re starting to see Bitcoin as one of the safest ways to maintain our wealth, but more importantly, its probably the only investment that exists today where th

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by COINS NEWS 123 Views

His holdings used to be around 2% in BTC

"Traditionally, capital allocators — the safe thing that was said to us was, ‘Hey, keep everything at 2%"

He believes that Governmental financial policies have caused inflation all across the world and that might lead to a great recession. The fear of this upcoming recession drove him to increase his BTC holdings by 80-90%.

"So to us, we’re starting to see Bitcoin as one of the safest ways in order for us to maintain our wealth, but more importantly, also it’s probably the only investment that exists today where the potential of gains is so much larger than the potential of an asymmetry."

Bitcoin, the safest way to maintain wealth. Music to my ears.

https://dailyhodl.com/2022/04/08/former-softbank-ceo-devotes-10-of-his-portfolio-to-bitcoin-btc/

submitted by /u/DrToxo
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