Abra CEO Explains Why It's Bitcoin's Time to Shine

The U.S. government's attempts to fix the current economic situation could ultimately lead to greater Bitcoin (BTC) adoption, according to Bill Barhydt, CEO of crypto wallet and exchange solution, Abra. Barhydt noted the U.S. government's goals for intentional inflation as rationale for his thesis.

As part of the rationale for his claims, Barhdyt mentioned rumors of the U.S. government's upcoming goal of 4% inflation — unheard of territory when it comes to intentional inflation, according to the CEO. Barhydt said the U.S. dollar has lost 99% of its value over the last century, showing governments have no fear when it comes to inflation.

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