Summary List PlacementBitcoin is not a fad that will fade away, said Michael Sonnenshein, managing director of Grayscale Investments.
Investors understand that “buying Bitcoin and putting it in their portfolio is meant to be a store of value, inflation hedge, a digital gold, a digital form of money,” Sonnenshein told Business Insider.
Investors should not get hung up over the fact that there are only 21 million Bitcoin that will ever exist, because each coin has a 100 million units.
Investors like the fact they can buy a fraction of the coin and add to their position over time, the crypto asset manager pointed out. 
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Bitcoin is not a fad, and not being able to use it to buy a cup of coffee is not a reasonable argument, according to Michael Sonnenshein, managing director of Grayscale Investments, the largest digital currency asset manager.

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