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'Paper Money' Hits All-Time Low Against Bitcoin & Other Hard Assets – Pantera’s CEO
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cryptonews.comAs bitcoin (BTC) reaches new all-time highs, the value of paper money has hit an all-time low against hard assets, as “inflation is everywhere,” according to Pantera Capital CEO Dan Morehead.
“It seems like the price of everything is surging up,” Morehead wrote in his monthly letter to investors, which in its entirety was dedicated to the topic of sound money and how inflation, today and throughout history, has shaped the world.
On the same note, the Pantera CEO continued by noting that it may seem odd that we have inflation during what he described as “a worldwide financial crisis.”
However, he explained that the situation is easier to understand when one first realizes that “the value of most things is relatively stable,” adding that “it’s
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