{"id":413021,"date":"2020-02-01T01:30:38","date_gmt":"2020-02-01T01:30:38","guid":{"rendered":"https:\/\/wncen.com\/?p=413021"},"modified":"2024-06-11T13:41:19","modified_gmt":"2024-06-11T13:41:19","slug":"bitcoin-best-asset-own-next-10-years-heres-why","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-best-asset-own-next-10-years-heres-why\/","title":{"rendered":"Bitcoin to Be One of the 2020s’ Top Investments: Ex-Goldman Sachs Exec Says Why"},"content":{"rendered":"

Bitcoin had an amazing past decade by every definition of the word.<\/a> The price of the cryptocurrency surged by literal millions of percent since its birth in 2009, some of the world’s most important people \u2014 Elon Musk included(!)<\/a> \u2014 gave a nod to the cryptocurrency, and the broader industry began a mainstream technological trend.<\/p>\n

Related Reading: Tesla is the Greatest Performing Asset In 2020. It Even Surpassed Bitcoin<\/a><\/h6>\n

Bitcoin’s clear outperformance against all other assets in existence has left many wondering if the cryptocurrency can keep its macro uptrend intact for the coming decade.<\/p>\n

According to Raoul Pal<\/a> \u2014 a former Goldman Sachs executive who now is the CEO of finance media company Real Vision \u2014 BTC may do just that.<\/p>\n

He argued that the cryptocurrency would be his choice if he could only own one asset for the next 10 years.<\/p>\n

Bitcoin, the Best Asset of the 2020s?<\/strong><\/h2>\n

On Friday, the Wall Streeter turned markets researcher and media magnate explained why the asset he is most optimistic about for the 2020s is Bitcoin.<\/p>\n

In a to-the-point Twitter comment, Pal said<\/a> that he thinks Bitcoin is the perfect asset for him to hold for the next decade because it “encapsulates all of larger macro views,” referencing previous statements he made suggesting the world will turn to an alternative system of finance that will be digital. (Previously, the Real Vision executive said that Bitcoin is basically an option on the future of finance.)<\/p>\n

\n

If I could only own one asset for the next 10 years, it would be bitcoin $BTC<\/a> It encapsulates all of my larger macro views and feels like the point on the far horizon we are headed to, in some shape or form. Yes, like gold too and many other things but BTC risk\/reward beats all.<\/p>\n

— Raoul Pal (@RaoulGMI) January 31, 2020<\/a><\/p><\/blockquote>\n