Dan Morehead: "Virtual assets emerge as a haven from inflation and macroeconomic uncertainty" [Token 2049 Dubai]

Dan Morehead, the founder of Pantera Capital, emphasized that virtual assets (cryptocurrencies) will become a haven asset against macroeconomic uncertainties such as tariff wars and geopolitical crises.

On the 30th (local time), Dan Morehead stated at the Token 2049 Dubai conference held at Madinat Jumeirah, Dubai, "Virtual assets are 'new assets' that are separated from old-fashioned assets like stocks and bonds. Because virtual assets have less correlation with these old-fashioned assets, they can emerge as the safest assets."

He also mentioned that Bitcoin is emerging as a haven from inflation, which is rising due to tariff wars. He explained, "The reason why only Bitcoin and gold have shown good performance recently is simple. As inflation is expected to rise due to tariff wars, only assets with limited supply have shown good performance."

He added, "We are experiencing a massive reset, and people are tired of printing money. It's time for new forms of assets to emerge."