Treat Bitcoin Investing Like the Internet in 1994: Crypto Hedge Fund Executive

Carmela Tim

Oct 2, 2017
Crypto Hedge Fund Exec: Bitcoin Is Like the Internet in 1994

It’s true that 2017 has been a watershed year for bitcoin, but writing in Forbes, Ari Paul says that the industry is still in its infancy.

Paul, the chief investment officer at crypto hedge fund Blocktower Capital, said that his firm estimates that less than 1 percent of the world’s population has been onboarded into the bitcoin ecosystem. By this metric, bitcoin usage is at roughly the same level as the internet in 1994.