George Soros Buying Up Bitcoin Infrastructure

dawn fitzpatrick soros bitcoin

“It’s everything from exchanges, asset managers, custodians, to the mundane like tax reporting on your crypto gains and everything in between.” So says Dawn Fitzpatrick (pictured), the chief investment officer of Soros Fund Management, in an interview with Bloomberg. She said that crypto infrastructure is at an inflection point, and where it comes to crypto more generally, she said we’re at a really important moment in time: “Something like bitcoin might have stayed a fringe asset but for the fact that over the last 12 months we’ve increased money supply in the US by 25%. So there’s a real fear of debasing of fiat currencies.” In contrast bitcoin has a finite amount of supply which halves every four years in addition to bitcoin being easily storable and easily transferable, Fitzpatrick said. “When you look at gold’s price action, in the context of a fairly robust inflation narrative of late, it’s…

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