Want Higher Returns? Invest In Bitcoin, Say ARK’s Chris Burniske And Coinbase’s Adam White

Bitcoin, which turned seven earlier this year, seems to be maturing.
After reaching a peak of more than $1,000 per bitcoin in late 2013 and then dwindling back down to the $200s last year, the price, now around $650, has become less volatile. Institutional investors have shown greater demand for it, cryptocurrency exchanges have added more advanced features for professional traders and even the likes of Dell, Expedia and Overstock have begun to accept it as payment.
But what do all these developments mean exactly?
On this week’s episode (iTunes, TuneIn Radio) of Unchained, my podcast exploring blockchain and fintech, I talk with two guests who have explored these trends in-depth: Chris Burniske, blockchain analyst and products lead at ARK Investment Management, the first public fund manager to invest in Bitcoin, and Adam White, vice president of business development and strategy at Coinbase.
The two, who co-authored a white paper outlining four reasons why Bitcoin represents a new asset class, bring complementary perspectives to the show. Burniske, who does both research and business development, has written several white papers on Bitcoin and the technology behind it, blockchain.

This post was published at Forbes on JUL 12, 2016 @.

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