Opinion: No Need to Worry About Bitcoin’s Future After Trump Leaves Office

Odaily Planet Daily reported that Eric Semler, Chairman of the US-listed company Semler Scientific Inc., which has adopted a Bitcoin strategy, stated that many hedge funds remain skeptical about the future of Bitcoin after US President Donald Trump leaves office, but he believes that this is an unrealistic notion. Eric Semler added, "When you bet on something that most people don't believe in, and you're right, you can make more money. I think we have a great opportunity to show people that these hedge funds have basically missed out on a good opportunity. The best investments I've ever made were in areas where I felt like I was fighting alone in the wilderness." In addition, a survey conducted by PwC shows that 47% of hedge fund managers trading in traditional markets have been exposed to cryptocurrencies, indicating that hedge funds are actually shifting toward Bitcoin. (Cointelegraph)