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The world’s biggest crypto fund manager says bitcoin is the next step in the evolution of money – and ‘I .. – Business Insider

Investors should not get hung up on the fact that there are only 21 million Bitcoin that will ever exist because each coin has a 100 million units.

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Bitcoin is not a fad, and not being able to use it to buy a cup of coffee is not a reasonable argument, according to Michael Sonnenshein, managing director of Grayscale Investments, the largest digital currency asset manager.
Growing involvement of major players in the financial services realm “really speaks to the staying power of the asset class and validates other people getting involved,” he told Business Insider in an interview.
Sonnenshein, whose…

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