Market Overview

EToro CEO Is Extremely Bullish On Bitcoin

Share:
EToro CEO Is Extremely Bullish On Bitcoin
Related
This Week In Cryptocurrency: SEC Shuns Bitcoin ETF, Overstock Gets Massive Investment
SEC Delays On VanEck SolidX Bitcoin Trust
Introducing Hut 8 Mining (Seeking Alpha)

Benzinga CEO Jason Raznick sat down with eToro CEO Yoni Assia for a fireside chat Wednesday at the 2018 Benzinga Global Fintech Awards, to discuss eToro's rise and the future of cryptocurrency.

Assia founded eToro in 2007 and it's promoted as a social trading network that has introduced traders to more intelligent and safer investments. The Tel Aviv-based company automatically copies the leading traders in the company's trading community for other investors. Additionally, it allows successful traders on the platform to share their actions for copying as a way to gain supplementary income.

Bullish On Bitcoin

Of the many exciting outlooks Assia broke down regarding the future of the markets, none stood out more than his assessment of cryptocurrency. His central claims centered around people's ability to directly posses and control their assets through bitcoin and other cryptocurrencies.

"In my opinion, crypto is a revolutionary invention of tech and is the first that you have digital native assets. When you hold bitcoin, you're holding the financial asset yourself and not through an intermediate (financial institution)."

He also gave a very bright outlook on the value of bitcoin in the future. When asked if there's a chance that the worth of the cryptocurrency rises three fold to five fold, he responded that there's a "very high probability."

Related Links:

Alex Mashinsky: The Largest Blockchain Companies Will One Day Be Larger Than Apple, Google

The Biggest Mistake Founders Make When Pitching A Venture Capitalist

Posted-In: Benzinga Global Fintech Awards Bitcoin eToro Jason Raznick Yoni AssiaCryptocurrency Fintech Markets Best of Benzinga

 

Related Articles (GBTC)

View Comments and Join the Discussion!

StockX CEO Josh Luber: 'Maybe One Day You Can Invest In The Jordan Index Instead Of The Dow'

GameStop Receives Letter Urging Strategic Review From Tiger Management