“Bitcoin (BTC) has left the stage Wild West” says Alex Leishman, CEO of River Financial, a specialized investment company in digital assets.
Executives who participated in the event Bitcoin for businesses Using Wild West Philosopher (Spanish) Philosopher, we describe the first year that the currency created by Nakamoto At was considered a high volatility asset and associated it with operational risks and criminal activity.
But Leishman said the story is changing, and now Bitcoin crosses the integration phase. Therefore, he confirms that the digital assets have entered a period of “staying here” (arrived to stay in English).
This is because, while more and more companies are evaluating the incorporation of BTC as a reserve asset in the Ministry of Finance, certain metrics are being discussed to measure its financial impact, and regulatory frameworks begin to integrate.
To enhance his paper, Leishman showed a graphic representation of the Bitcoin Recruitment Pass («Bitcoin recruitment pass«) Through time:
According to the prediction, the next step Its evolution is to become a global reserve asset. In this regard, Leishman said:
«The company has not opened an account to purchase shares in Apple or Tesla at Charles Schwab. Historically, they have been effective or active in cash. And now they’re buying BTC. That’s the biggest indication for me that BTC is no longer seen as an investment of technical risk and is beginning to be seen as another asset, a fixture of value».
Alex Leishman, CEO of De River Financial.
The most iconic case of this trend is strategy. This is the company headed by Michael Saylor, known for its powerful BTC investment strategy. Currently, it is a public contributor with more BTC in the Ministry of Finance, with 555,540 BTC.
The decision to directly assign a portion of the reservation to BTC reflects a change in asset recognition. I stopped being a risky asset.
In this regard, BlackRock, the world’s largest asset manager, noted that BTC has unique characteristics that can be transformed into coverage of risks that traditional assets cannot deal with.
For this reason, he describes it as a “unique diverse asset.” This is because BTC has a limited supply to 21 million units, which is different from Fíat money devalued by central bank issuance and financial policies.
Bitcoin is considered by many investors “Digital Gold” shares some similarities with precious metals. It is a decentralized asset, independent of government or central banks, and is resistant to censorship. This means that you cannot block, reverse, or prevent transactions within your network.
Even if you’re still in the early stages of adoption, for Leishman five years later, saving BTC would be “normal.” He said: “BTC goes to traditional savings. Today, people who save Bitcoin are seen as a bit eccentric. Maybe this has already started to normalize a bit in the last year or two, but in a few years it’s normal to save Bitcoin. People don’t think much about it.
In that sense, he revealed that over 42% of River clients who once purchased BTC “never sold” reflecting the economic potential and long-term views found in their assets.
He further states: “Companies are accumulating at unprecedented rates. Today, we serve over 2,000 companies, and that number only increased by 154% last year. And they are realistic and small businesses across the US. Bitcoin.”
As Cryptootics reports, more and more consultants are recommending that BTC be included in their investment portfolios.
With the limit of up to 21 million units, an increase in demand could put a significant upward pressure on prices.
Going forward, River CEOs will raise two possible scenarios: In the worst case scenario, Bitcoin is integrated as a reliable savings tool. At the very best, Digital currency positions itself as a global reserve asset.