From Real Estate and Stocks: Former Premier League Player's New-Found Love of Bitcoin
George Boyd, a former Premier League player, has become a bitcoin ambassador for Jacobi Asset Management after realizing the potential of bitcoin as a superior savings tool compared to traditional investments like real estate and stocks. Initially dismissive of bitcoin when he first encountered it at $1,800, Boyd changed his perspective during the Covid pandemic. He argues that the conventional monetary system is flawed and that bitcoin offers a viable store of value amidst inflation. As Boyd explains, professional athletes like him have shorter career spans and need to ensure their wealth lasts through potentially long retirements. He advocates for understanding the differences between bitcoin and other cryptocurrencies, emphasizing sustainable wealth generation. According to Peter Lane, co-founder of Jacobi Asset Management, athletes require robust assets to maintain financial stability after retirement, making bitcoin an ideal choice. Boyd's journey reflects a growing recognition among sports professionals of the need for alternative investment strategies in a changing economic landscape.
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