Former Australian politician and leader of the conservatives Cory Bernardi has signalled an interest in Bitcoin. He regards the first cryptocurrency as the ‘version of gold for millennials’.
Become convert to Bitcoin in last couple of years. My conclusion is it Is the millennial’s version fo gold. Still see risks attached but are basically the same as other asset classes — leg, confidence and demand. See demand getting stronger. @APompliano is on the ball re BTC.
— Cory Bernardi (@corybernardi) November 10, 2020
In his assessment, Bitcoin carries the same risks as other asset classes. He says demand for the cryptocurrency is growing stronger.
Bernardi served in the Senate from 2006 to 2020. He represented the Liberal Party, and in 2016 founded a group of Australian conservatives — it lasted two years.
Earlier, billionaire Stanley Druckenmiller gave a positive assessment of Bitcoin on CNBC. He did not rule out that betting on the first cryptocurrency could outperform gold.
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