Expert view: Crypto long-duration hedge against dollar debasement, sovereign debt, says Blue Aster Capital founder, CEO
Expert view, May 18 -- Sidharth Sogani Jain, founder, CEO and fund manager at Blue Aster Capital and CREBACO Global, believes gold, crude oil, and crypto hedge different problems, so investors should avoid choosing between them. In an interview with Mint, Jain said crypto is the long-duration hedge against dollar debasement and sovereign debt. It has a fundamentally different underlying, and one should have at least 7.5% exposure to Bitcoin in this situation. Edited excerpts:
I look at these three as running on completely different aspects. Crude is the immediate one.
With the Strait of Hormuz disruptions affecting 10-15 million barrels a day, markets are now pricing nearly a 50% probability of WTI touching $110.
Gold, sitting near $4,...
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