For some reason or another, discussing Bitcoin at the Christmas dinner table has become somewhat of a meme. Christmas, after all, is when you spend time with the closest people in your life, the people who may listen to your drunk ramblings about the potential of blockchain or why a certain cryptocurrency (or investment for that matter) will perform well.<\/p>\n
If you’re looking to bring up Bitcoin at the holiday dinner table tonight or any time over the next few weeks, here are two good strategies in bringing up the subject matter as proposed by prominent cryptocurrency investors.<\/p>\n
Anthony Pompliano<\/a> of Morgan Creek Digital recently sat down with Luke Martin<\/a>, a prominent cryptocurrency trader, to talk Bitcoin. At one point in this interview\/podcast, Pompliano spent a minute giving the case for the question, “why invest in Bitcoin?” This is especially pertinent, considering the fact that cryptocurrencies and other investments may be a part of the holiday dinner conversation.<\/p>\n Pompliano explained his best case as follows:<\/p>\n Over the past five years, if you had a standard 60\/40 Global portfolio, you’d return 7.2% a year. If you take 0.5% from stocks and another 0.5% from bonds and instead allocate that to Bitcoin, your return would go from 7.2% to 9.2% \u2014 a 200 basis point upside… That’s not to mention that since it’s non-correlated, reducing the overall risk of the portfolio.<\/p>\n He went on to say that Bitcoin is one of the world’s largest base currencies, with yearly transaction volumes that surpass that of PayPal, Venmo, and other leading payment service providers, even though it is all done in a decentralized manner.<\/p>\n Need help during the holidays to convince your friends, family, and loved ones about the importance of Bitcoin?<\/p>\n Show them this video that I recently recorded with @VentureCoinist<\/a>. pic.twitter.com\/B05f8L0s5O<\/a><\/p>\n — Pomp \ud83c\udf2a (@APompliano) December 24, 2019<\/a><\/p><\/blockquote>\n\n