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 | Currency News | Financial and Business News

  • Bitcoin is not a fad that will fade away, said Michael Sonnenshein, managing director of Grayscale 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…

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