Markets

The world’s biggest crypto fund manager says Bitcoin is the next step in the evolution of money – and ‘I can’t use it to buy coffee’ is no longer a sound argument

Bitcoin is not a fad that will fade away, said Michael Sonnenshein, managing director of Greyscale Investments. Investors understand that “buying Bitcoin and putting it in their portfolio is meant to be a store of value, inflation hedge, a digital gold, a digital form of money,” Sonnenshein told Business Insider. […]
The world’s biggest crypto fund manager says Bitcoin is the next step in the evolution of money – and ‘I can’t use it to buy coffee’ is no longer a sound argument