What thoughts do you have about putting a percentage of total assets into a specific type of asset class like Bitcoin?
I’ve always heard of diversifying your investments. Meaning not to put all your money into one place. I dont know how that would work wih Bitcoin but if they have different type of investments with a level of risk then I would be ok to spread out my investments into Bitcoin.
In what ways would a finite supply of 21 million Bitcoin influence the price over time, in your opinion?
I think it comes back to supply and demand. When all the 21 million of Bitcoin are sold then what happens to the price. Does it go down or rise sharply because of no supply. WIll that freeze the price or will it make it fluctuate like it is now. Those are the things that I dont think anyone knows now.
What influences do you anticipate government regulation , such as SEC approval have on the demand for BItcoin in the future?
It depends on how much regluation and red tape the SEC puts on Bitcoin. If it is difficult for buyers to get Bitcoin then the price will go down but if it is easy and investors understand the system because of the SEC regulations to make it safe for investment then buyers will have a higher demand.