A famous TV host calls the main crypto coin a competitor to fiat

Popular TV host, actor and comedian Joe Rogan considers BTC a direct competitor to fiat, which no state is able to control. According to the American showman, there is a parallel between the development of bitcoin and the emergence of the internet.

Earlier, the US authorities tried to introduce censorship on the network, but this attempt failed. Now the internet is ubiquitous, and BTC is following the same path.

Bitcoin, according to Rogan, has proven to be a viable type of currency — people can pay for the purchase of goods with a crypto-coin, and the digital asset has become a legal means of payment in El Salvador and the Central African Republic. This drives the American authorities crazy, the TV presenter joked.

At the same time, he expressed concern about the attempts of international regulators to “curb cryptocurrencies” and prevent their popularization. The central banks of various countries have launched projects to develop centralized digital assets that they could take control of. This, according to Rogan, is an attempt to limit users and track their spending.

And the investment company Wisdomtree is confident that cryptocurrencies will become an obligatory part of the portfolio of any investor in the near future. Jason Guthrie, head of digital asset management at the company, believes that the period of doubt that digital assets will become part of the financial system is long over.

In his opinion, cryptocurrencies have shown themselves as a new form of assets, and investors should not ignore this. The top manager of Wisdomtree believes that digital currencies will soon become an integral part of the financial system, and clients will choose investment companies based on their ability to bring clients to crypto markets.

At the same time, Guthrie acknowledges that the digital asset market is still speculative, which means that you need to be careful not to invest too much in cryptocurrencies.

According to the expert, Wisdomtree believes that investments in digital assets should not cover the percentage of invested assets in the fork from 5% to 11%, where 11% is the limit, reaching which may turn out to be an aggressive and dangerous strategy. What do you think about it?