According to Bitcoin Magazine, Frank Holmes stated that central authorities will print approximately $100 trillion in new money. He explained that this large scale of monetary creation poses risks to traditional assets and recommends purchasing Bitcoin together with gold as a hedge.
Holmes argued that when governments or central banks increase the supply of fiat currency substantially, holders of conventional investments may face pressure on value retention. He pointed to Bitcoin’s limited supply cap and gold’s historical role in preserving wealth during periods of monetary expansion as reasons for considering these assets.
The remarks were made in a video titled “Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold,” published by Bitcoin Magazine.
