VC Expert Gurley: Bitcoin is Incredible Store of Value

Venture Capitalist expert and investor Bill Gurley believes Bitcoin is an incredible store of value. In an interview with CNBC, the financier made it clear he believes that a bullish future for Bitcoin is a certainty given its utility in destabilized currency economies.

Gurley stated during the interview that he’s positive on Bitcoin’s future and sees a clear path forward, especially in places where other currencies are not an option, since it represents a stable store of value. His company owns a small position in the cryptocurrency. He said:

“I think of it as an incredible store of value in the rest of the world. I don’t think it’s irrational. Many people who live in those types of countries want to be paid in Bitcoin.”

Wall Street seeing the future?

The comments further reflect the divide that is fast forming in Wall Street, with those who are very positive about the coin’s future, and those who consider it a fraud or a tool for money laundering…

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