Deep Tide TechFlow News, January 16 — According to Bloomberg, Christopher Wood, head of global equity strategy at Jefferies, has removed a 10% Bitcoin allocation from his model portfolio. Wood stated in the latest issue of the "Greed & Fear" newsletter that advances in quantum computing technology could undermine Bitcoin's case as a reliable store of value, especially for long-term investors such as pension funds.
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Deep Tide TechFlow News, January 16 — According to Bloomberg, Christopher Wood, head of global equity strategy at Jefferies, has removed a 10% Bitcoin allocation from his model portfolio. Wood stated in the latest issue of the "Greed & Fear" newsletter that advances in quantum computing technology could undermine Bitcoin's case as a reliable store of value, especially for long-term investors such as pension funds.