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>>Investment professional allocates family assets to XRP, citing specific reasons.

Investment professional allocates family assets to XRP, citing specific reasons.

crypthub

2 days ago

Erosion of the U.S. Dollar

Financial commentator Coach JV emphasizes the declining value of the U.S. dollar due to persistent inflation. Since 1913, the dollar has lost approximately 96–97% of its purchasing power. He views this devaluation as a gradual process that undermines long-term financial security. This ongoing trend motivates his choice of alternative assets for wealth preservation.

Bitcoin and XRP as a Hedge

Coach JV stores his family's earnings in Bitcoin and XRP due to their limited supply. Unlike fiat currencies, which central banks can expand, these cryptocurrencies have capped or fixed supplies. This characteristic makes them resistant to inflationary pressures and potentially increases their value relative to the dollar. The limited supply acts as a defense against the constant decrease in dollar value.

Market Trends and Investor Sentiment

The growing adoption of Bitcoin and XRP as financial haens aligns with a broader trend in the crypto community. Analysts predict significant long-term gains for both assets, citing economic instability and a weakening dollar. Market data supports this, showing dramatic growth for both cryptocurrencies over the past decade, far exceeding the dollar's decline. This performance is driving increased investor interest.