Crypto for Advisors: Bitcoin’s Price

Longer term, these assets represent, in the eyes of many, the future of finance. Bitcoin has a unique position here, as the largest, oldest, and, in many ways, simplest cryptocurrency. It exists mainly just to be sent from one address to another, with constrained supply, a 15-year track record of security and a powerful network. It is a store of value, one that is still young and under-adopted but one that has faced and survived anything the global financial universe has thrown at it. It remains a great place to start for investor education and portfolio consideration. Oh, and it’s the best-performing asset across all major asset classes in eight of the last 11 years.