Log in

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Bitcoin is a strong asset thanks to US dollar debasement, says Soros Fund exec
News

Bitcoin is a strong asset thanks to US dollar debasement, says Soros Fund exec

Updated: Aug 31, 2024
Published: Mar 26, 2021
0
Share:

Bitcoin has become the strongest asset of the past year, and several institutional investors have already invested in it. The debasement of the US Dollars and other economic factors has put Bitcoin in a strong position over the past year.

Post Feature Image

Bitcoin is now a strong asset

Soros Fund Management chief information officer (CIO) Dawn Fitzpatrick believes that Bitcoin is no longer a fringe asset as it has gained widespread adoption globally. Fitzpatrick told Bloomberg that the inflation of the United States dollar helped in making Bitcoin a stronger asset.

Soros Fund Management, an asset management fund created by global investor George Soros, recently began taking an interest in Bitcoin and other cryptocurrencies. Fitzpatrick stated that the firm is intrigued by the infrastructure around crypto, and they have been making some investments into that infrastructure.

She added that the crypto space is at an inflection point thanks to fiat inflation, which has seen the US Dollar money supply increase by 25% over the past year. The CIO added that “I think when it comes to crypto generally, we’re at a really important moment in time, in that, something like Bitcoin might have stayed a fringe asset, but for the fact that, over the last 12 months, we’ve increased money supply in the US by 25%.”

Fitzpatrick stated that although Bitcoin is a commodity, it is a unique one since it can be stored and limited in supply. “And when you think about Bitcoin, I don’t think of it as a currency, “I think of it as a commodity. But it’s a commodity that’s easily storable, easily transferable,” she added.

Soros Fund invests in crypto projects

Soros Fund has spent millions of dollars in crypto-focused projects in March. The firm participated in the $200 million funding round held by NYDIG and the $53 million raised by crypto accounting firm Lukka. The CIO stated that Soros Fund is interested in investing in various cryptocurrency companies, from those providing the technology to those carrying out the mundane tasks like taxation and accounting.

Fitzpatrick also talked about central bank digital currencies and how China is moving to dominate the space. She believes that China wants its digital currency to gain global adoption. However, Fitzpatrick doesn’t think CBDCs would have long-term adverse effects on Bitcoin. Although the CBDC threat is real, it would be temporary. She doesn’t think it will be successful in permanently destabilising Bitcoin,

The CIO didn’t respond to the questions about her personal Bitcoin investment but adds that the firm is a believer in the cryptocurrency ecosystem.

 

Continue reading by joining Cryptonary Pro

Save 50%

$497/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Recommended from Cryptonary
Market Pulse: Bitcoin's Security Under Debate
Market Pulse
Market Pulse: Bitcoin's Security Un...Speculation around quantum computing threats to Bitcoin is ramping up, shaking confidence just as ri...
2 min read
Dec 19, 2025
AMA with Adam & Abror: 18th december
PRO
Livestreams
AMA with Adam & Abror: 18th decembe...In this conversation, Abror and Adam discuss the recent inflation data and its impact on the market,...
1 min read
Dec 19, 2025
Highlights From The Biggest Crypto Conference of 2025
Research Report
Highlights From The Biggest Crypto ...Breakpoint is the most significant event on Solana’s calendar and is increasingly becoming one of th...
14 min read
Dec 18, 2025
BTC, ETH and More: Markets Remain Range Bound
PRO
Market Direction
BTC, ETH and More: Markets Remain R...Momentum is slowing as markets push into year-end, with repeated rejections keeping price locked in ...
10 min read
Dec 23, 2025
Market Update: How Low Can BTC Go?
PRO
Market Updates
Market Update: How Low Can BTC Go?While US jobs and inflation are clearly cooling, bond markets and central banks are sending a more c...
9 min read
Dec 19, 2025
BTC, ETH and More: Key Levels Tested Again Across Majors
PRO
Market Updates
BTC, ETH and More: Key Levels Teste...Markets are moving fast, but direction remains elusive. Price has been active across majors, sweepin...
10 min read
Dec 19, 2025
Market Pulse: Bitcoin's Security Under Debate
Market Pulse
Market Pulse: Bitcoin's Security Un...Speculation around quantum computing threats to Bitcoin is ramping up, shaking confidence just as ri...
2 min read
Dec 19, 2025
AMA with Adam & Abror: 18th december
PRO
Livestreams
AMA with Adam & Abror: 18th decembe...In this conversation, Abror and Adam discuss the recent inflation data and its impact on the market,...
1 min read
Dec 19, 2025
Highlights From The Biggest Crypto Conference of 2025
Research Report
Highlights From The Biggest Crypto ...Breakpoint is the most significant event on Solana’s calendar and is increasingly becoming one of th...
14 min read
Dec 18, 2025
BTC, ETH and More: Markets Remain Range Bound
PRO
Market Direction
BTC, ETH and More: Markets Remain R...Momentum is slowing as markets push into year-end, with repeated rejections keeping price locked in ...
10 min read
Dec 23, 2025
Market Update: How Low Can BTC Go?
PRO
Market Updates
Market Update: How Low Can BTC Go?While US jobs and inflation are clearly cooling, bond markets and central banks are sending a more c...
9 min read
Dec 19, 2025
BTC, ETH and More: Key Levels Tested Again Across Majors
PRO
Market Updates
BTC, ETH and More: Key Levels Teste...Markets are moving fast, but direction remains elusive. Price has been active across majors, sweepin...
10 min read
Dec 19, 2025
Market Pulse: Bitcoin's Security Under Debate
Market Pulse
Market Pulse: Bitcoin's Security Un...Speculation around quantum computing threats to Bitcoin is ramping up, shaking confidence just as ri...
2 min read
Dec 19, 2025
AMA with Adam & Abror: 18th december
PRO
Livestreams
AMA with Adam & Abror: 18th decembe...In this conversation, Abror and Adam discuss the recent inflation data and its impact on the market,...
1 min read
Dec 19, 2025
Highlights From The Biggest Crypto Conference of 2025
Research Report
Highlights From The Biggest Crypto ...Breakpoint is the most significant event on Solana’s calendar and is increasingly becoming one of th...
14 min read
Dec 18, 2025
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsCrypto Research
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for us
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×

Don't Miss The Next 100X

We called major winners like

BTC

BTC

120X

ETH

ETH

270X

SOLANA

SOLANA

30X

Get our next high-conviction setup + weekly research free. Join 300,000+ investors and traders who've been following us since 2017.

​
Germany

Free forever. Unsubscribe anytime. No credit card required.