Bitcoin Statement by Thomas Peterffy, founder of Interactive Brokers

Hungarian-American billionaire and founder of Interactive Brokers, Thomas Peterffy, announced the bottom figures for buying Bitcoin, the cryptocurrency leader. The Hungarian-American businessman predicted that the effects of the world-wide inflation, especially in the US, will continue for the next few years.

Successful businessman Thomas Peterffy, founder of Interactive Brokers, said that the US government could ban cryptocurrencies outright as a result of concerns that they encourage illegal activities. In addition, the cryptocurrency leader underlined that he would buy Bitcoin (BTC) if its price drops to $12,000. In a recent interview with Forbes, Thomas Peterffy also spoke about the current financial crisis. "I think there will be inflationary pressures for years, not just a few months," he said, predicting that the US's historic inflation will last for several more years. This is a long-term problem. It was noted that the successful businessman wanted to buy Bitcoin despite the risk of being banned Thomas Peterffy, founder of Interactive Brokers, cautioned against investing in cryptocurrencies in case BTC becomes "worthless or banned". According to the famous billionaire, cryptocurrencies are often used in illegal matters, which could soon lead to the US government banning cryptocurrencies. Despite these warnings, Peterffy added that he plans to buy Bitcoin if it falls to the bottom he wants. The investment information, comments and recommendations contained herein are not investment advice. Investment advisory services are provided individually, taking into account the risk and return preferences of individuals. The content, comments and recommendations contained herein, which are in no way directive in nature, are of a general nature. These recommendations may not be suitable for your financial situation and risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.