Why He Owns Crypto
Interactive Brokers Founder On Why He Owns Crypto: People May 'lose Faith In Paper Money' Online trading pioneer Thomas Peterffy has become a believer in cryptocurrency. CONSTELLATION BRANDS, INC. "I have for some time [owned cryptocurrencies]. I do own some cryptos, and I do own some gold. I must say that the cryptos have done much, much better than the gold," the Interactive Brokers founder said on Yahoo Finance Live. "I mean you have to prepare for the small percentage or probability that things can fall apart — especially with all this crazy issuance of more and more money [by the government]. This deficit spending, I don't know, people sooner or later could — I am not saying they will — but they could lose faith in paper money." Bitcoin prices rallied to $47,500 Friday afternoon. The founder is also pushing Interactive Brokers into the surging crypto trading market, which is currently dominated by Coinbase and Robinhood. This week, Interactive B