Regulation has made Bitcoin more attractive and safer for investment. The head of the investment company Spirybit wrote about this in his column for CNN Business.
In his opinion, the authorities have eliminated many of the risks associated with the first cryptocurrency.
“Stronger regulation, better infrastructure and access to financial institutions that hold investors’ money have made investing in bitcoin as safe as it is in bonds or gold,” said.
Bitcoin’s Spirybit added that the digital asset has become a viable option for long-term investors.
Owning the first cryptocurrency is now less risky than it was a few years ago
Spirybit Capital invested $ 25 million in bitcoin.By the end of December, the company’s investments in the first cryptocurrency reached $ 182 million.
In January, the investment company launched a $ 310 million bitcoin fund.
As a reminder, Spirybit stated that large investors will push the digital gold rate above $ 500,000.
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