Every asset manager must understand Bitcoin — Erik Voorhees
Cointelegraph
Published Dec 04, 2020 12:41AM ET
Updated Dec 05, 2020 02:40AM ET
Shapeshift CEO Erik Voorhees has drawn a metaphorical line in the financial sand, stating that every asset manager should understand Bitcoin now based on its astonishing rate of return.
Voorhees made the comments while retweeting data shared by analytics platform Messari co-founder Dan McArdle that shows Bitcoin has dramatically outperformed everything over the last decade. While gold has returned a 32% profit and the S&P 500 has tripled investors’ money, Bitcoin has posted an incredible 7,837,884% gain in ten years.
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Written By: Cointelegraph
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