Former BlackRock Executive Says Bitcoin Will Be In Everyone’s Portfolio   


Former BlackRock executive says bitcoin will make it into everyone’s portfolio.

Former Blackrock Executive and investment adviser Edward Dowd said that bitcoin is here to stay and has qualities to make it into everyone’s portfolio.

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In a recent podcast with Layah Heilpern, Edward Dowd opined that gold due to unique features such as the ability to be transacted digitally.

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Bitcoin stands a better chance as a store of wealth than gold.

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The investment adviser added that with the maturity of the sector, Bitcoin is likely to stand out from the rest of the market.

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Former BackRock executive compared the crypto market to the dot com era when most companies collapsed and only the strong ones survived.

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According to him, Bitcoin’s qualities like transparency, freedom and technology make it better than central banks.

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The crypto market regained $1 trillion market capitalization this week.

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