Tuur Demeester believes bear market in bonds could reshape traditional portfolio management
The post Tuur Demeester believes bear market in bonds could reshape traditional portfolio management appeared on BitcoinEthereumNews.com.
In a recent interview with CryptoSlate at BTC Prague 2024, Tuur Demeester, a renowned Bitcoin research analyst at Adamant Research, shared his journey into the world of Bitcoin and provided insightful perspectives on the current state and future of digital asset adoption. From Shoes to Satoshi Demeester’s path to Bitcoin began in an unconventional way. Before becoming an analyst, he worked various odd jobs, including selling shoes and building websites. His interest in Austrian economics and the trade cycle eventually led him to global macroanalysis. In 2011, a publisher recognized his talent and offered him a position as a financial newsletter author. It was through this role that Demeester discovered Bitcoin and began integrating it into his analyses. By 2013, he committed to Bitcoin full-time and has remained an independent analyst since. Distinguishing Bitcoin from Altcoins Early on, Demeester was able to distinguish Bitcoin from other digital assets. He emphasized the importance of understanding systems design and architecture, which many altcoins lacked. Projects like Dogecoin, which were launched as a joke and poorly maintained, exemplified the shortcomings of many altcoins. In contrast, Bitcoin’s rigorous maintenance and robust protocol gave it a lasting edge. “It really helped to talk to a lot of engineers who had a profound passion for systems design and architecture. They could see the lack of rigor in a lot of the altcoin projects, like Dogecoin, which was launched as a joke and then nobody maintained it.” The Year of Mass Adoption Looking ahead to 2024, Demeester predicts a significant year for Bitcoin adoption, primarily driven by the approval of the Bitcoin ETFs. He believes this will provide the global banked population with easy access to Bitcoin, potentially allowing institutions to include Bitcoin in their balance sheets. While acknowledging the need for financial advisors to educate themselves,…
Filed under: News - @ June 19, 2024 2:28 am