UK fund manager Ruffer: we are in the “foothills” of institutional adoption of bitcoin | Crypto Craft

  • UK fund manager Ruffer: we are in the “foothills” of institutional adoption of bitcoin

    From theblockcrypto.com

    Ruffer Investment Company, the British fund manager which recently revealed it had bet £550m on bitcoin, has published more details about the headline-grabbing move. In a review covering the six months to December 31, 2020, Ruffer said it has a history of using “unconventional protections” and that it views bitcoin in that same vein during a prolonged period of low interest rates. “We think we are relatively early to this, at the foothills of a long trend of institutional adoption and financialisation of bitcoin,” the company added. The Guernsey-based Ruffer disclosed its bitcoin exposure in a regulatory ... (full story)

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Not-KPMG
Jan 18, 2021 2:52pm
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Here's our INTELLIGENT thread.
On Bitcoin and others.


https://www.cryptocraft.com/thread/649649-the-rise-of-crypto-bitcoin-ltc-ether

Please vote on first page


Check all over the thread.


First post - Bitcoin was 967 dollars
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Not-KPMG
Jan 18, 2021 2:49pm
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Correct.

Barely 36000 now, waiting for 130-300k soon
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