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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 | Market Insider

Shalini Nagarajan, the author of the Business Insider says that *Bitcoin is not a fad, and not being able to use it to buy a cup of coffee is not a reasonable argument, according to Michael Sonnenshein, managing director of Greyscale Investments, the largest digital currency asset manager.*

Topics that are covered:

  • 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.
  • Investors should not get hung up over the fact that there are only 21 million Bitcoin that will ever exist, because each coin has a 100 million units.
  • Investors like the fact they can buy a fraction of the coin and add to their position over time, the crypto asset manager pointed out. 

It’s amazing and easy to read content, so if you are interested, please go *HERE* to read the full article.

Thanks for your priceless attention and have a good life!

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