A traditional asset manager has said it is “delusional” to think Bitcoin is a “fad”, as interest from investors snowballs.
Speaking to the Financial Advisor, Neil Waxman, managing director of Capital Advisors, said that the investment community requires “education” on virtual currencies as a financial opportunity.
“Anyone who thinks this is a fad is deluding themselves – clients really need to be educated on this topic,” he told the publication.