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Bessemer Ventures：Bitcoin Will Become "A Globally Accepted Asset Class"
Summary: According to Forbes, the bitcoin price has soared through 2020, climbing over 60% since January, however, the flood of recent groundbreaking announcements has failed to give bitcoin much of a boost. Now Bessemer Ventures has said it "strongly" believes bitcoin will become "a globally accepted asset class"—and predicts "institutional demand" for bitcoin "has hit an ...
According to Forbes, the bitcoin price has soared through 2020, climbing over 60% since January, however, the flood of recent groundbreaking announcements has failed to give bitcoin much of a boost.
Now Bessemer Ventures has said it "strongly" believes bitcoin will become "a globally accepted asset class"—and predicts "institutional demand" for bitcoin "has hit an inflection point."
"We strongly believe bitcoin will become a globally accepted asset class that institutions will increasingly seek portfolio exposure to given its asymmetric risk profile, scarcity characteristics, and ability to serve as a digital store of value," Bessemer Ventures wrote in a blog post outlining its "thesis across the crypto landscape."
By Amy Liu
Tags: accepted,asset,Bitcoin,Global
Link: Bessemer Ventures：Bitcoin Will Become "A Globally Accepted Asset Class" [Copy]
