Bitcoin Investing: Where Wall Street and Silicon Valley Meet …

Btchain

Chris Burniske is blockchain products lead during ARK Invest, an investment manager focused on disruptive innovation. Adam White is clamp boss and ubiquitous manager during Coinbase, where he oversees a sell use GDAX

In this CoinDesk 2016 in Review special feature, Burniske and White plead their recently published white paper, “Bitcoin, a New Asset Class“, unpacking what they see as a tech’s investment potential. 

coindesk-2016-review

art, collaboration

While most of a normal financial universe was focused on “blockchain” in 2016, few gave bitcoin as most attention.

When brought up, bitcoin was referenced in a context of macroeconomic dislocations like the depreciation of a Chinese yuan, India’s banknote ban, or Trump’s warn choosing win. While these events mostly supposing good examples of a use as a “disaster hedge” in a face of collateral marketplace turmoil, we trust a bigger story of bitcoin’s expansion as a singular item category was left mostly untouched.

Recently, however, we have witnessed institutional investors awaking to bitcoin’s maturation and long-term value tender in a context of Modern Portfolio Theory (MPT).

MPT emphasizes that investors should not cruise singular investments in isolation, though rather in


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