Rocket ICO Giving you a better way to make your decisions and enjoy the process of ICO backing

  • Lydian ICO
  • Markets
Latest News
  • The ultimate 2022 ChangeNOW review   |   13 Aug 2022

  • Ethereum Merge upgrade date will depend on Hashrate   |   12 Aug 2022

  • Bitcoin and Ethereum are fundamentally different, Ballet Crypto CEO says   |   12 Aug 2022

  • German crypto bank Nuri files for insolvency   |   12 Aug 2022

  • Analyst says Cardano could jump 20% over next few weeks   |   11 Aug 2022

  • CoinFLEX has filed for restructuring in Seychelles   |   11 Aug 2022

 
Home» Markets»Don’t ignore crypto as an asset class, warns Blueprint Capital CEO

Don’t ignore crypto as an asset class, warns Blueprint Capital CEO

rocketman 29 Dec 2021 Markets Comments Off on Don’t ignore crypto as an asset class, warns Blueprint Capital CEO 257 Views

  • The Blueprint Capital CEO Jacob Walthour told CNBC’s “Squawk Box” that ignoring crypto as an asset class “would be a mistake”

  • Major companies like Starbucks, PayPal, AT&T and AT&T accept cryptocurrency as a method of payment

  • He points out that 14% American adults hold cryptocurrencies. More Americans may consider crypto if the US stock market stagnates while cryptocurrencies rise.

The CEO of Blueprint Capital Advisors, a US-based asset management and alternative investment firm, Jacob Walthour, says cryptocurrency’s place as a financial innovation is a great plus to the sector.

Speaking to CNBC’s “Squawk Box” host Joe Kernen on Wednesday, Walthour said that crypto’s growth over the last five years has been huge, despite its Wild West outlook at the time.

According to the investment manager, crypto provides an opportunity for investors, noting that his view of the market is “very constructive” and not informed by the fear of missing out, or FOMO as it is popularly known.

He believes that looking at crypto in this way is the best way to see it. He points to Bitcoin’s launch almost 12 years ago and says its growth over this period has been immense.

Blueprint Capital CEO said that currently, there are more than 200 exchange platforms that accept Bitcoin. Additionally, over 14% American adults have cryptocurrencies.

Cash to check, card, e-payments and crypto

Walthour’s bullish outlook for cryptocurrencies also traces just how far the financial system has changed with innovation after innovation. According to Walthour, there are many ways to pay for goods. These include cash, check, credit, debit cards, and e-wallets. He pointed out that Crypto is the most recent innovation in this area of money evolution.

“I think that the use of crypto, to the whole concept of a wallet, is kind of “where do we go from here?” and [I think] that bodes well for crypto overall in terms of its adoption rate over the next five to ten years,” he added.

Cryptocurrency should be considered an asset class that you do not want to miss

He then outlined how Bitcoin and other cryptocurrencies have increasingly been accepted as payment methods at some of the world’s leading companies and businesses. He cites as examples major players such names as Starbucks, PayPal and AT&T.

Walthour cautions investors that it is likely to be a mistake to disregard crypto assets as an investment class. He adds that should a scenario arise where crypto outperforms the US equity market, then a “herd mentality” is possible, resulting in a lot of capital flowing from equities into crypto assets.

He also believes that digital coins outperforming equities adds legitimacy to the idea that “crypto is an asset class from the diversification point of view.”

Blueprint Capital’s Managing Director, Blueprint Capital, said that “I think it’d have been a mistake to overlook this asset class which had looked like the wild West for the last five or so years.” @JacobWalthour. “But, if we see a stall on the U.S. Equity market and a rise #crypto“I believe that the herd mentality might take over here.” pic.twitter.com/4PEcA8qBo8

— Squawk Box (@SquawkCNBC) December 29, 2021

An Arcane Research report publishedThis week, Bitcoin has outperformed S&P 500 in the last three years. With 2021 becoming the fourth year, the crypto is up more than 73% year-to date compared to 27% for stock market index.

Arcane also predicts Bitcoin will outperform S&P 500 in 2022, with Fundstrat Global Advisors’ Tom Lee predictingA 11% jump in the stock market index over next year.

asset Blueprint Capital CEO class crypto Dont ignore warns 2021-12-29
Tags asset Blueprint Capital CEO class crypto Dont ignore warns
Facebook Twitter Stumble linkedin Pinterest More

Authors

Posted by : rocketman
Previous Article :

Pomp says bitcoiners shouldn’t apologise for using energy

Next Article :

Cryptos seen lower, Wall Street mixed following post-Christmas gains

Related Articles

The ultimate 2022 ChangeNOW review

The ultimate 2022 ChangeNOW review

rocketman 13 Aug 2022
Ethereum Merge upgrade date will depend on Hashrate

Ethereum Merge upgrade date will depend on Hashrate

rocketman 12 Aug 2022
Bitcoin and Ethereum are fundamentally different, Ballet Crypto CEO says

Bitcoin and Ethereum are fundamentally different, Ballet Crypto CEO says

rocketman 12 Aug 2022

ABOUT ME

lourari bra

lourari bra

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus pulvinar eros id diam gravida, id pharetra ligula cursus. Sed dapibus lectus augue, non volutpat lorem porttitor vel.

Popular Posts

The ultimate 2022 ChangeNOW review
Markets

The ultimate 2022 ChangeNOW review

rocketman 13 Aug 2022
Bitcoin Profit Review 2021: Is It a Scam Or Legit?
Reviews

Bitcoin Profit Review 2021: Is It a Scam Or Legit?

rocketman 22 Jul 2021
Yuan Pay Group review 2021 – Is it a Scam or Legit?
Reviews

Yuan Pay Group review 2021 – Is it a Scam or Legit?

rocketman 26 Jul 2021
Immediate Bitcoin Review: Does it work?
Reviews

Immediate Bitcoin Review: Does it work?

rocketman 27 Jul 2021
Bitcoin Era Review: Is this a scam?
Reviews

Bitcoin Era Review: Is this a scam?

rocketman 27 Jul 2021

Advertisement

Recent Posts

  • The ultimate 2022 ChangeNOW review

    The ultimate 2022 ChangeNOW review

    rocketman 13 Aug 2022
  • Ethereum Merge upgrade date will depend on Hashrate

    Ethereum Merge upgrade date will depend on Hashrate

    rocketman 12 Aug 2022
  • Bitcoin and Ethereum are fundamentally different, Ballet Crypto CEO says

    Bitcoin and Ethereum are fundamentally different, Ballet Crypto CEO says

    rocketman 12 Aug 2022
  • German crypto bank Nuri files for insolvency

    German crypto bank Nuri files for insolvency

    rocketman 12 Aug 2022
  • Analyst says Cardano could jump 20% over next few weeks

    Analyst says Cardano could jump 20% over next few weeks

    rocketman 11 Aug 2022

htmagazine
About HTmagazine was created in 2015 , and covers the intersection of Technology, Lifestyle, Business, Entertainment, and Culture.

Follow us

Newslater

Those an equal point no years do. Depend warmth fat but her but played. Shy and subjects wondered

Random Posts

The ultimate 2022 ChangeNOW review

The ultimate 2022 ChangeNOW review

Ethereum Merge upgrade date will depend on Hashrate

Ethereum Merge upgrade date will depend on Hashrate

Bitcoin and Ethereum are fundamentally different, Ballet Crypto CEO says

Bitcoin and Ethereum are fundamentally different, Ballet Crypto CEO says

German crypto bank Nuri files for insolvency

German crypto bank Nuri files for insolvency

Analyst says Cardano could jump 20% over next few weeks

Analyst says Cardano could jump 20% over next few weeks

Tags

analyst Bitcoin BTC buy CEO crypto cryptos gained heres market places price today token top
© Copyright 2021, All Rights Reserved