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Guggenheim CIO Says Crypto Is the Future

Thu, 17/06/2021 - 19:43
Scott Minerd’s fickle attitude toward crypto may rival that of Elon Musk
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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.

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