Don Steinbrugge co-founder and CEO at Agecraft Partners, a consultancy firm, have told mainstream media that Bitcoin (BTC) lets investors hedge against inflation and will endure as part of portfolios.
He said this revelation during an interview with CNVC in an interview Last Aug 6, 2019, while discussing non-traditional investments.
He adds that it has been an amazing run for the fastastic technology which in many instances has been used to hedge against inflation.
During the interview, he stopped short of recommending to buy Bitcoin as he explains that right now equities are too expensive and very hard to value.
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