“If you are a listed company on the stock market, if you lose the confidence of your customers and your shareholders, it is not good,” he said. “And Bitcoin is no different in this regard.”
The advancement of the adoption of bitcoin will allow advisers to reach more customers with fewer funds that are otherwise neglected by industry, according to Zagari.
“You can assume more customers, many of these LPs, these investment capital companies, when they will raise capital, they do not want 300 investors, they want five whales,” he said. “But now, with the blockchain, you can face these 300 investors who have lower investable money.”
The decentralized nature of Bitcoin, its limited ceiling and world scope have always been the main attraction of the asset for Zagari, which is convinced that growth will continue when traditional investors are increasingly putting their faith in technology.
“We have seen the governments pump liquidity in the markets, and this has resulted in high inflation, which is not used for the general public, but is used for people with assets,” he said. “But bitcoin in itself has a limited ceiling, has no risk of counterpart and can be represented and used by anyone with a mobile phone, even those who have no bank in other countries.”