According to Eric Semler, chairman of Semler Scientific Inc., a U.S. listed company that adopts a bitcoin strategy, many hedge funds are skeptical about the future of bitcoin after U.S. President Donald Trump leaves office, but he believes this is an unrealistic idea. Eric Semler added: "When you bet on something that most people don't believe in, and you are right, you can make more money. I think we have a good opportunity to show people that they (hedge funds) have basically missed a good opportunity, and the best investments I have made are in areas where I seem to be fighting alone in the wilderness." According to a survey conducted by PwC, 47% of hedge fund managers trading in traditional markets have had contact with cryptocurrencies, indicating that hedge funds are actually turning to bitcoin. (Cointelegraph)
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Opinion: Don’t worry about the future of Bitcoin after Trump leaves office
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