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22 October 2019

VanEck: 4 Reasons Why Bitcoin Improves Investment Portfolio Upside

VanEck: 4 Reasons Why Bitcoin Improves Investment Portfolio Upside


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4 Reasons Why Bitcoin Improves Investment Portfolio Upside.

Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside.

As VanEck often refers to bitcoin as “digital gold,” the asset manager argues that Bitcoin is a potential store of value.

While Bitcoin critics usually point out a major narrative that Bitcoin has no intrinsic value as a primary argument for its failure, VanEck urged to draw a clear distinction between the terms intrinsic value (IV) and monetary value (MV).

As part of the growing adoption of Bitcoin VanEck cited the fact that Bitcoin transactions exceed 400,000 permissionless transactions a day, while Bitcoin on-chain transactions amount to a notable portion of SWIFT transactions

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cointelegraph.com
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