BTC/USD $ 26712.9
|ETH/USD $ 1796.60
|LTC/USD $ 92.39
|DASH/USD $ 44.41
|DOGE/USD $ 0.07324
|FIL/USD $ 4.45
|ADA/USD $ 0.3676
|USDT/USD $ 1.00
|SHIB/USD $ 0.00000866
|HOLO/USD $ 0.003566
|BTT/USD $ 0.00000060
|WINK/USD $ 0.0001995
|YFI/USD $ 6739.04
|PAXG/USD $ 1995.93
|MKR/USD $ 630.44
|BCH/USD $ 117.30
|WBTC/USD $ 26739.6
|COMP/USD $ 35.00
|AAVE/USD $ 62.48
|ZEC/USD $ 33.10
|ICP/USD $ 5.19
|TRB/USD $ 11.87
|ETC/USD $ 18.36
|NMR/USD $ 13.50
|BAL/USD $ 5.42
|LINK/USD $ 6.62
|REP/USD $ 6.88
|UNI/USD $ 5.15
|ATOM/USD $ 10.78
|UMA/USD $ 2.12
|SNX/USD $ 2.18
|SUSHI/USD $ 0.8944
|BAND/USD $ 1.47
|EOS/USD $ 0.8928
|OMG/USD $ 0.8033
|RLC/USD $ 1.56
|MIR/USD $ 0.05600
|BNT/USD $ 0.4149
|XTZ/USD $ 0.8899
|CGLD/USD $ 1.74
|1INCH/USD $ 0.4109
|CRV/USD $ 0.8177
|KNC/USD $ 0.6039
|ENJ/USD $ 0.3523
|MATIC/USD $ 0.8601
|STORJ/USD $ 0.3080
|ZRX/USD $ 0.2240
|ALGO/USD $ 0.1679
|GRT/USD $ 0.1221
|OGN/USD $ 0.09479
|CTSI/USD $ 0.1985
|MANA/USD $ 0.5062
|BAT/USD $ 0.2212
|DAI/USD $ 1.00
|USDC/USD $ 0.9998
|REN/USD $ 0.07770
|XLM/USD $ 0.08778
|NKN/USD $ 0.09859
|OXT/USD $ 0.06790
|LRC/USD $ 0.2967
|SKL/USD $ 0.03220
|CVC/USD $ 0.08861
|SAND/USD $ 0.5290
|NU/USD $ 0.1500
|GNT/USD $ 0.00000001
|DNT/USD $ 0.02720
|ANKR/USD $ 0.02588
|LOOM/USD $ 0.05156
|AMP/USD $ 0.002960
|MANY/USD $ 0.3509
|WTK/USD $ 0.02170
|POSI/USD $ 0.02355
|WINR/USD $ 0.00003100
|DEFT/USD $ 0.00002080
|ISA/USD $ 0.0001070
|RULER/USD $ 0.006669
|SPORE/USD $ 0.9137
|DEFLCT/USD $ 0.7343
|HVE/USD $ 0.0004395
|JCB/USD $ 0.00004900
|FWC/USD $ 0.00000000008000
|FDC/USD $ 0.00000021
|YETI/USD $ 0.003856
|SMR/USD $ 0.06492
|BTC/USD $ 26712.9
ETH/USD $ 1796.60
LTC/USD $ 92.39
DASH/USD $ 44.41
DOGE/USD $ 0.07324
FIL/USD $ 4.45
ADA/USD $ 0.3676
USDT/USD $ 1.00
SHIB/USD $ 0.00000866
HOLO/USD $ 0.003566
BTT/USD $ 0.00000060
WINK/USD $ 0.0001995
YFI/USD $ 6739.04
PAXG/USD $ 1995.93
MKR/USD $ 630.44
BCH/USD $ 117.30
WBTC/USD $ 26739.6
COMP/USD $ 35.00
AAVE/USD $ 62.48
ZEC/USD $ 33.10
ICP/USD $ 5.19
TRB/USD $ 11.87
ETC/USD $ 18.36
NMR/USD $ 13.50
BAL/USD $ 5.42
LINK/USD $ 6.62
REP/USD $ 6.88
UNI/USD $ 5.15
ATOM/USD $ 10.78
UMA/USD $ 2.12
SNX/USD $ 2.18
SUSHI/USD $ 0.8944
BAND/USD $ 1.47
EOS/USD $ 0.8928
OMG/USD $ 0.8033
RLC/USD $ 1.56
MIR/USD $ 0.05600
BNT/USD $ 0.4149
XTZ/USD $ 0.8899
CGLD/USD $ 1.74
1INCH/USD $ 0.4109
CRV/USD $ 0.8177
KNC/USD $ 0.6039
ENJ/USD $ 0.3523
MATIC/USD $ 0.8601
STORJ/USD $ 0.3080
ZRX/USD $ 0.2240
ALGO/USD $ 0.1679
GRT/USD $ 0.1221
OGN/USD $ 0.09479
CTSI/USD $ 0.1985
MANA/USD $ 0.5062
BAT/USD $ 0.2212
DAI/USD $ 1.00
USDC/USD $ 0.9998
REN/USD $ 0.07770
XLM/USD $ 0.08778
NKN/USD $ 0.09859
OXT/USD $ 0.06790
LRC/USD $ 0.2967
SKL/USD $ 0.03220
CVC/USD $ 0.08861
SAND/USD $ 0.5290
NU/USD $ 0.1500
GNT/USD $ 0.00000001
DNT/USD $ 0.02720
ANKR/USD $ 0.02588
LOOM/USD $ 0.05156
AMP/USD $ 0.002960
MANY/USD $ 0.3509
WTK/USD $ 0.02170
POSI/USD $ 0.02355
WINR/USD $ 0.00003100
DEFT/USD $ 0.00002080
ISA/USD $ 0.0001070
RULER/USD $ 0.006669
SPORE/USD $ 0.9137
DEFLCT/USD $ 0.7343
HVE/USD $ 0.0004395
JCB/USD $ 0.00004900
FWC/USD $ 0.00000000008000
FDC/USD $ 0.00000021
YETI/USD $ 0.003856
SMR/USD $ 0.06492
news@eBitcoinics.com 11 Feb, 2019 news.eBitcoinics.com Views: 335
Travis Kling, the founder, and chief investment officer of Ikigai Asset Management, a digital asset hedge fund, recently said that bitcoin could be better than gold.
Kling, a former manager of Point72 Asset Management, explained that bitcoin investments (BTCs) can be comparable to credit default swaps (CDS), which are similar to insurance policies that issue payments when borrowers do not pay the debt. Kling called the CDS a cover "against the irresponsibility of fiscal and monetary policy." Thus, Kling noted that the "mass adoption" of alternative forms of investment such as Bitcoin could occur in economies suffering from hyperinflation as a kind of hedge fund.
The CDS are the instruments of Wall Street and constitute, in its simplest form, a bilateral contract between a buyer and a protection seller. In this contract, the buyer agrees to make a series of payments in time (premiums) and the seller agrees to cover part or the total of the insured credit in case it is not canceled.
It should be noted that during the Wall Street financial crisis in 2008, investor confidence in CDS was reduced to a historic low since the American International Group (AIG), a global finance and insurance corporation headquartered in New York and one of the largest CDS issuers, it almost collapsed.
Kling was concerned about the increase in United States debt and seemingly drastic measures taken by the Federal Reserve and other nations' central banks to stimulate economic growth. Since this, for Kling, would be a breeding ground for hyperinflation that would affect historically stable fiat currencies, such as the USD or the EUR. And in that situation, the adoption of assets that are not backed by or controlled by centralized world governments would be inevitable.
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