7 years ago
Bitcoin may soon be a 'rational, expected' part of a portfolio, exchange chairman says
Dan Morehead, chairman of digital currency exchange Bitstamp, said bitcoin and other digital currencies will likely become assets serious investors will want in their portfolios. "Bitcoin's essentially going to revolutionize currency, or money," Morehead said on Wednesday at the Sohn Investment Conference in San Francisco, which was attended by portfolio managers and asset allocators. "If it does work, the upside is so high, it's a rational, expected thing to have in your portfolio," he said.
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