Bitcoin is emerging as a unique asset class, according to a recent report by Chris Burniske, blockchain analyst and products lead at Ark Invest, and Adam White, vice president of business development and strategy at Coinbase.
In their report, titled “Bitcoin: Ringing the Bell for a New Asset Class,” the authors argue that bitcoin is investable but differs significantly from other assets in its politico-economic profile, price of independence, and risk-reward characteristics. They believe cryptocurrency’s open source software will differentiate it further from other asset classes. They believe it could grow to substantial market capitalization.
https://www.cryptocoinsnews.com/why-bitcoin-is-a-new-asset-class/