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Tag: Mark Mobius

Mark Mobius Made Important Statements About Cryptocurrencies
CRYPTO COINS

Mark Mobius Made Important Statements About Cryptocurrencies

The 83-year-old American investor Mark Mobius, the founder of Mobius Capital, known as the "investment guru" in international markets, stated that Bitcoin can play the role of a leading indicator for the stock markets, "Because people's belief in cryptocurrencies has it has similarities with the belief. " said. Mobius spoke at the 11th Bosphorus Summit organized by the International Cooperation Platform (UIP). Stating that it was in one of the best periods of human history due to technology, Mobius said, "Technology has made many things cheaper and better. That's why we are going through a deflationary period. Prices change but the quality also changes." used the expressions. Arguing that traditional inflation measurement indicators such as the Consumer Price Index (CPI) cannot b...