
MI Rewind: Bitcoin First and Fidelity Digital Assets w/ Chris Kuiper & Jack Neureuter
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Importance of Asking the Hard Question
The price of Bitcoin went to 20,000 and it took three or four years to get back to that point. I think some of it is inertia and the fact that if we just look at a 60 40 portfolio over the last 10 20 years - clients are generally happy with that type of performance. So you don't have to just be a gold bug to see Bitcoin. You can be a tech investor and see the network effects happening here. But again, with institutions, it takes time. And there's a lot of decision makers involved.
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