... Christopher Wood, global head of equity strategy at Jefferies.
Wood said that a failure to “exit from unorthodox monetary policy in a benign manner is likely to culminate in the collapse of the U.S.-dollar paper standard to the benefit of both gold bullion owners and also owners of Bitcoin,” and emphasized that investments in both BTC and gold should be regarded by investors as insurance rather than short-term trades.
Jefferies went on to recommend that U.S. dollar-based long-term global investors, including pension funds, allocate 10% of their funds to Bitcoin.
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