The managing partner of Incrementum AG.Ronald-Peter Stoeferle claims global markets have reached a “monetary tipping point” after this point; inflation will rise and interest rates will stay at zero or negative.
The ability of the FED to control the markets will be less and less possible and their moves will be less and less impactful. Stoeferle continued to state “I think if Bitcoin will be around in five to ten years, prices will go to regions that we cannot imagine at the moment. Because, if you really see it as a hedge against inflation, against those big monetary experiments going on, and if you compare it to the size of the real estate market to the bond market… I think there’s a lot of catch-up potential,”.
That being said is well and good, but all Gold-Bugs will tell you that Bitcoin will never have the intrinsic value that Gold does and Bitcoin has never truly been tested by real inflation while Gold has passed the test of time and proven itself to be a real safe haven during economic down turns.