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.”