Head of Research at Fidelity on Bitcoin VS Crypto

[B1-66ER]

BTC>GM

In an interview with the Swan Bitcoin YouTube channel, Chris Kuiper, Director of Research at Fidelity Digital Assets, shares his extensive research on why investors should prioritize Bitcoin. I imagine how they instruct their sales team to pitch to institutional clients.

https://www.youtube.com/watch?v=a9k3GfSxRCo

Gemini Youtube video summarization.
According to the video, Bitcoin is the first cryptocurrency and it remains the most secure and decentralized one. Bitcoin focuses on being a store of value, similar to gold. Other cryptocurrencies may prioritize different features and functionalities. Proof of work is a critical feature of Bitcoin that makes it secure and scarce.

[Stepstowealth]

BTC>GM

In an interview with the Swan Bitcoin YouTube channel, Chris Kuiper, Director of Research at Fidelity Digital Assets, shares his extensive research on why investors should prioritize Bitcoin. I imagine how they instruct their sales team to pitch to institutional clients.

...

One of the reasons why Bitcoin is a great choice for investors is because of the spot ETF that was approved, so as to enable large pocket investors and corporate investors invest, to own and trade it as an exchange currency, and that's what makes BTC standout as a Crypto of value above the others and shitcoins.

With the spot bitcoin ETF, the easiest ways to add bitcoin to ones portfolio is seamlessly assured and there won't be all the need to own exchange accounts, digital wallets, private keys and bother about network transfers or the fees to pay, that may be varying at the time.

[Alphakilo]

Bitcoin is different from other cryptocurrencies in many ways. It stands first before the rest of the cryptos and I do not take anyone who promotes any other crypto aside bitcoin serious. I always feel that there is a sinister motive behind it. Because why should anyone promote a less secure, highly unscalable and centralized asset over bitcoin.

With the spot bitcoin ETF, the easiest ways to add bitcoin to ones portfolio is seamlessly assured and there won't be all the need to own exchange accounts, digital wallets, private keys and bother about network transfers or the fees to pay, that may be varying at the time.

I wouldn't recommend bitcoin ETF. research about the real bitcoin and buy the real bitcoin, learn about private keys, learn how to hold it yourself in an airgapped wallet, learn about its security.

[kentrolla]

It's a welcoming news coming out of someone who holds power and I would say it's a bold move to openly support Bitcoin because mostly top management from institutions refrain to comment positively about Bitcoin or crypto in general. Yes I do agree with the statement as Bitcoin is different as it's based on PoW which makes it stand out and we can really rely on it unlike other crypto currencies, just hope more people from large organisations follow the same path as Chris.

[cryptomaniac_xxx]

It's a welcoming news coming out of someone who holds power and I would say it's a bold move to openly support Bitcoin because mostly top management from institutions refrain to comment positively about Bitcoin or crypto in general. Yes I do agree with the statement as Bitcoin is different as it's based on PoW which makes it stand out and we can really rely on it unlike other crypto currencies, just hope more people from large organisations follow the same path as Chris.

Lol, there could be a lot of powerful individuals already who might have been investing on Bitcoin silently. And I would say this is more powerful than those personality who says that they have this X amount of Bitcoin investments.

And isn't it obvious by this time that Bitcoin is one asset that everyone should invest? average Joe or Bitcoin whale? With the approval of spot Bitcoin ETF, this hedge fund managers or anyone who managed large money for a clients will evidently pitch Bitcoin to their clients as they wanted to make profits from their customers.

[Iranus]

With the spot bitcoin ETF, the easiest ways to add bitcoin to ones portfolio is seamlessly assured and there won't be all the need to own exchange accounts, digital wallets, private keys and bother about network transfers or the fees to pay, that may be varying at the time.

I wouldn't recommend bitcoin ETF. research about the real bitcoin and buy the real bitcoin, learn about private keys, learn how to hold it yourself in an airgapped wallet, learn about its security.

What you say is not wrong, investing in a bitcoin ETF is no different from investing in stocks, we don't actually own bitcoins or have full control over our assets. But you also need to understand that not everyone is qualified and knowledgeable enough to learn about private keys, non-custodial wallets...and we cannot deny that thanks to the emergence of bitcoin ETFs, bitcoin is gradually becoming more popular with everyone. Many people hesitate to invest in bitcoin because of concerns about its legality, their wallets being hacked...and do not invest in bitcoin. But now with the emergence of ETFs, they can invest in bitcoin without the technical barriers they were concerned about.

[SamReomo]

Yes, I agree with that research and I believe it's a correct research because Bitcoin is far better than other crypto currencies, and it has been a part of the market since the start of the crypto market.

The altcoins or other type of crypto-currencies are only there because of Bitcoin and anyone who invests in Bitcoin is much more safe then the ones who invest in altcoins.

There are some OGs on this forum who completely avoid other altcoins and believe that only the king of the crypto market Bitcoin is the only coin which one should choose for investing.