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Add as a preferred source on GoogleRichard Byworth Links Bitcoin Upside to Potential Money Printing
He described the possible expansion in money creation as three times the COVID-19 stimulus.
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Swiss hedge fund manager Richard Byworth said a large expansion in money creation could drive Bitcoin (BTC) sharply higher, describing the potential scale as three times the COVID-19 stimulus.
Byworth separately described bond-market conditions as strained and said the Treasury needs to control the yield curve. He said Bitcoin would surge if the monetary expansion occurred.