The Head of Research at Fidelity Digital Asset believes that Bitcoin should be given special treatment and thought of differently than other digital assets.
) should be treated separately from other digital assets and believes it plays an exclusive role in investors’ portfolios., titled Bitcoin First, targets two main concerns that Fidelity’s clients have raised towards BTC — eventually being replaced by some other cryptocurrencies and lower upside potential left compared to other coins.
“You can't reinvent something that's already been invented in terms of the most secure, most decentralized and what we consider as the best monetary good in the digital asset space,” he said. Kuiper believes that regardless of the future development of the blockchain ecosystem, BTC is likely to come out as a winner. In a multi-chain scenario, where multiple blockchains will be coexisting, Bitcoin will be still the main “money anchor” for other digital assets.
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