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Guggenheim CIO Says Crypto Is the Future

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Thu, 17/06/2021 - 19:43
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Guggenheim CIO Says Crypto Is the Future
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Scott Minerd, chief investment officer of Guggenheim Partners, has tweeted yet another ambiguous statement about crypto, claiming that it represents the paradigm of the future.

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At the same time, he predicts that constant price swings won’t go away:  

Crypto will continue to be volatile, but as a paradigm it is the future

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Notably, Minerd likened cryptocurrencies to Dutch tulips less than a month ago but later clarified that he saw Bitcoin and Ethereum as "the survivors."

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The CIO of the $270 billion global investment firm has gained notoriety within the crypto community for making contradicting price Bitcoin price predictions.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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