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Bitcoin Is an ‘Intriguing Option for National and Corporate Financial Portfolios’ Says Billionaire Stelian Balta

Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, has said that while bitcoin is indeed a volatile asset it nonetheless helps to diversify and align an investment portfolio with digital trends. The top crypto asset’s high-return possibilities also “makes it an intriguing option for national and corporate financial portfolios,” Balta asserted.

Embracing BTC Enhances a Corporation’s Image

In his written answers sent to Bitcoin.com News, the billionaire also argued that as regulations around crypto assets become clearer, the top crypto asset’s perceived risks will slowly dissipate thus “making it a more viable option.” Furthermore, when corporations embrace BTC, this enhances their respective images as “modern and innovative” organizations. Balta suggested that this alone may be enough to attract new customers or “investors interested in advanced technologies.”

Meanwhile, the Hyperchain Capital founder has characterized some institutional investors’ bet on digital assets as a mutually beneficial move. For institutional investors, digital assets create growth opportunities while the Web3 industry benefits by way of more credibility and legitimacy.

Overall, institutional investors’ dabbling with digital assets potentially helps hasten the development of new technologies and Web3 apps. This, in turn, could also result in more people and businesses embracing Web3 technologies, Balta added. In his answers sent to Bitcoin.com News via Telegram, the billionaire also explained why he sees the blockchain as a technology that will reshape finance. He also offered advice on how budding entrepreneurs can emulate him and become equally successful.

Below are all of Balta’s answers to the questions sent.

Bitcoin.com News (BCN): Are traditional finance (Tradfi) and decentralized finance (defi) converging and in what ways could blockchain technology help Tradfi and reshape the future of finance?

Stelian Balta (SB): I think Tradfi and defi are starting to blend together, thanks to the enticing features of blockchain technology. This merger is making financial transactions quicker and more transparent, while also boosting security against fraud and cyber threats. However, this integration faces challenges, like navigating complex regulations and the need for traditional financial institutions to adapt both culturally and operationally to these new technologies. In short, blockchain is paving the way for a more efficient, secure, and inclusive financial future.

BCN: What makes you believe that nations and corporations would integrate Bitcoin into their financial strategies, especially considering it’s still a highly volatile asset?

SB: Nations and corporations are already considering adding bitcoin into their financial strategies for several reasons. Bitcoin offers a way to diversify assets, which can help manage risks differently from traditional financial markets. It’s often seen as a hedge, similar to digital gold, which can be appealing for protecting value in uncertain economic times. Bitcoin, though historically volatile, has also demonstrated a capacity for significant returns in the past.

The growing interest in blockchain technology and the shift towards digital finance also make bitcoin an attractive option. It aligns with the evolution towards more digital, innovative financial solutions. There’s also increasing consumer and investor interest in bitcoin, and by integrating it, countries and companies can meet this demand and stay competitive.

As regulations around cryptocurrencies become clearer and more established, the risks associated with bitcoin might reduce, making it a more viable option. Additionally, embracing bitcoin can enhance a corporation’s image as modern and innovative, potentially attracting new customers or investors interested in advanced technologies.

While bitcoin is indeed volatile, its potential for diversification, alignment with digital trends, and high-return possibilities make it an intriguing option for national and corporate financial portfolios. However, I believe it’s important to carefully weigh these benefits against the risks and evolving regulatory landscape.

BCN: After what is undoubtedly a brutal bear market, it now appears like the industry is on the cusp of a bull run as reflected by investor sentiment and crypto prices. Can you talk about your investment thesis for 2024 and beyond?

SB: Our focus has always been on long-term investments. Our investment thesis for 2024 and beyond centers on identifying and supporting big-vision projects with strong fundamentals and innovative technology. We don’t chase narratives and trends.
Looking back at our experience since 2013, we’ve seen the crypto market go through lots of ups and downs, with losses as big as 98% and gains up to 40,000%.

This has really shown us how important it is to think long-term through multiple cycles. Our early investments in Ethereum, Cosmos, Fantom, and many more, starting from 2016, 2017, and 2018 respectively, prove that we’re dedicated to sticking with this long-term strategy.

In summary, our investment thesis is rooted in a long-term approach, focusing on high-quality projects that demonstrate potential for enduring value. This strategy, we believe, will allow us to navigate future market cycles effectively and capitalize on the growth opportunities that the evolving crypto landscape presents.

Moving forward, our focus will be on investing in projects led by teams that are not only strong and loyal but also have a clear vision and mission.

BCN: You have been a vocal supporter of the Fantom network, which recently launched the Sonic Labs accelerator program and is anticipated to introduce the Sonic tech stack upgrade in 2024. What unique attributes of Fantom strengthen your conviction in the project?

SB: A core aspect of the Fantom ecosystem is its dedication to supporting its endemic creators across gamefi, defi, and more. One of the distinctive features for builders within Fantom is the direct monetization avenues such as gas monetization, which gives dApps a share of the gas fees they generate. This empowers Fantom-based builders to earn more compared to deploying on any other network, offering them a key edge over their competition.

Another unique feature of Fantom is its growing, grassroots community of creators. They are at the forefront of engaging experiences for users to jump into gaming with Estfor Kingdom, or explore within Fantom’s defi ecosystem with Beethoven-X, Equalizer, and more.

BCN: What factors are driving institutional investors to explore the digital asset space, and how would the growing institutional adoption impact the Web3 industry?

SB: I think institutional investors are diving into the digital asset space mainly because it’s a new and evolving area with lots of potential. They’re attracted by the opportunity to diversify their investments with something different from traditional stocks and bonds. Plus, the digital asset market is growing rapidly, offering exciting opportunities for growth. The improvement in how these assets are managed and clearer rules around them also make it easier and safer for these big investors to get involved.

As more and more institutional investors get into digital assets, I believe it’s going to have a big impact on the industry. Their involvement adds a level of credibility and might lead to a more stable and mature market. With more money flowing in, we can expect to see faster development of new technologies and applications in the Web3 space. This could also encourage more people and businesses to start using Web3 technologies.

In short, the growing interest from big investors is set to really shape and boost the world of Web3.

BCN: It is said that you began your entrepreneurial journey with nothing at the age of 16 and became a millionaire at 24. What would be your advice to Web3 builders starting their entrepreneurial journey in 2024?

SB: Embarking on an entrepreneurial journey in the Web3 space in 2024, my key advice, drawn from my own tough journey filled with countless failures, revolves around three fundamental principles: obsessive hard work, persistent curiosity, and being consistently driven by a clear vision.

Firstly, embrace obsessive hard work. Success in the rapidly evolving world of Web3 demands more than just effort, it requires an all-consuming passion for your work. My path was filled with challenges, teaching me the importance of dedication. Be prepared to dedicate countless hours, often at the expense of other pursuits, because in this field, the difference between success and failure often hinges on the extra mile you’re willing to go.

Secondly, nurture your curiosity relentlessly. The landscape of Web3 is ever-changing, with new technologies and possibilities emerging constantly. Stay hungry for knowledge and new experiences. This insatiable curiosity, which I maintained despite numerous setbacks, will not only keep you informed but also inspire innovative ideas and solutions that can set you apart in a crowded market.

Lastly, always be driven by a strong, clear vision. In the world of startups and especially in Web3, bear or bull markets, distractions and challenges will be plentiful. It’s your vision that will guide you, keep you focused, and motivate you during tough times. This vision should be the beacon that lights your path and the anchor that keeps you grounded, as it was for me through my difficult journey.

In summary, as you step into the entrepreneurial arena, let obsessive hard work be your daily mantra, curiosity your constant companion, and a clear vision your guiding star.

What are your thoughts about this interview? Let us know what you think in the comments section below.

Source

  • 07.09.23 16:24 CherryTeam

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  • 08.10.23 01:30 davec8080

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  • 16.09.24 00:10 marcusaustin

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  • 16.09.24 00:11 marcusaustin

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  • 23.09.24 18:56 matthewshimself

    At first, I was admittedly skeptical about Worldcoin (ref: https://worldcoin.org/blog/worldcoin/this-is-worldcoin-video-explainer-series), particularly around the use of biometric data and the WLD token as a reward mechanism for it. However, after following the project closer, I’ve come to appreciate the broader vision and see the value in the underlying tech behind it. The concept of Proof of Personhood (ref: https://worldcoin.org/blog/worldcoin/proof-of-personhood-what-it-is-why-its-needed) has definitely caught my attention, and does seem like a crucial step towards tackling growing issues like bots, deepfakes, and identity fraud. Sam Altman’s vision is nothing short of ambitious, but I do think he & Alex Blania have the chops to realize it as mainstay in the global economy.

  • 01.10.24 14:54 Sinewclaudia

    I lost about $876k few months ago trading on a fake binary option investment websites. I didn't knew they were fake until I tried to withdraw. Immediately, I realized these guys were fake. I contacted Sinew Claudia world recovery, my friend who has such experience before and was able to recover them, recommended me to contact them. I'm a living testimony of a successful recovery now. You can contact the legitimate recovery company below for help and assistance. [email protected] [email protected] WhatsApp: 6262645164

  • 02.10.24 22:27 Emily Hunter

    Can those who have fallen victim to fraud get their money back? Yes, you might be able to get back what was taken from you if you fell prey to a fraud from an unregulated investing platform or any other scam, but only if you report it to the relevant authorities. With the right plan and supporting documentation, you can get back what you've lost. Most likely, the individuals in control of these unregulated platforms would attempt to convince you that what happened to your money was a sad accident when, in fact, it was a highly skilled heist. You should be aware that there are resources out there to help you if you or someone you know has experienced one of these circumstances. Do a search using (deftrecoup (.) c o m). Do not let the perpetrators of this hoaxes get away with ruining you mentally and financially.

  • 18.10.24 09:34 freidatollerud

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  • 31.10.24 00:13 ytre89

    Can those who have fallen victim to fraud get their money back? Yes, you might be able to get back what was taken from you if you fell prey to a fraud from an unregulated investing platform or any other scam, but only if you report it to the relevant authorities. With the right plan and supporting documentation, you can get back what you've lost. Most likely, the individuals in control of these unregulated platforms would attempt to convince you that what happened to your money was a sad accident when, in fact, it was a highly skilled heist. You should be aware that there are resources out there to help you if you or someone you know has experienced one of these circumstances. Do a search using (deftrecoup (.) c o m). Do not let the perpetrators of this hoaxes get away with ruining you mentally and financially.

  • 02.11.24 14:44 diannamendoza732

    In the world of Bitcoin recovery, Pro Wizard Gilbert truly represents the gold standard. My experience with Gilbert revealed just how exceptional his methods are and why he stands out as the premier authority in this critical field. When I first encountered the complexities of Bitcoin recovery, I was daunted by the technical challenges and potential risks. Gilbert’s approach immediately distinguished itself through its precision and effectiveness. His methods are meticulously designed, combining cutting-edge techniques with an in-depth understanding of the Bitcoin ecosystem. He tackled the recovery process with a level of expertise and thoroughness that was both impressive and reassuring. What sets Gilbert’s methods apart is not just their technical sophistication but also their strategic depth. He conducts a comprehensive analysis of each case, tailoring his approach to address the unique aspects of the situation. This personalized strategy ensures that every recovery effort is optimized for success. Gilbert’s transparent communication throughout the process was invaluable, providing clarity and confidence during each stage of the recovery. The results I achieved with Pro Wizard Gilbert’s methods were remarkable. His gold standard approach not only recovered my Bitcoin but did so with an efficiency and reliability that exceeded my expectations. His deep knowledge, innovative techniques, and unwavering commitment make him the definitive expert in Bitcoin recovery. For anyone seeking a benchmark in Bitcoin recovery solutions, Pro Wizard Gilbert’s methods are the epitome of excellence. His ability to blend technical prowess with strategic insight truly sets him apart in the industry. Call: for help. You may get in touch with them at ; Email: (prowizardgilbertrecovery(@)engineer.com) Telegram ; https://t.me/Pro_Wizard_Gilbert_Recovery Homepage ; https://prowizardgilbertrecovery.info

  • 12.11.24 00:50 TERESA

    Brigadia Tech Remikeable recovery has exhibited unparalleled strength in the realm of recovery. They stand out as the premier team to collaborate with if you encounter withdrawal difficulties from the platform where you’ve invested. Recently, I engaged with them to recover over a million dollars trapped in an investment platform I’d been involved with for months. I furnished their team with every detail of the investment, including accounts, names, and wallet addresses to which I sent the funds. This decision proved to be the best I’ve made, especially after realizing the company had scammed me. Brigadia Tech Remikeable recovery ensures exemplary service delivery and ensures the perpetrators face justice. They employ advanced techniques to ensure you regain access to your funds. Understandably, many individuals who have fallen victim to investment scams may still regret engaging in online services again due to the trauma of being scammed. However, I implore you to take action. Seek assistance from Brigadia Tech Remikeable Recovery Experts today and witness their remarkable capabilities. I am grateful that I resisted their enticements, and despite the time it took me to discover brigadia tech recovery, they ultimately fulfilled my primary objective. Without Brigadia Tech Recovery's intervention, I would have remained despondent and perplexed indefinitely. Also if you are looking for the best and safest investment company you can contact them, for wallet recovery, difficult withdrawal, etc. I am so happy to keep getting my daily BTC, all I do is keep 0.1 BTC in my mining wallet with the help of Brigadia Tech. They connected me to his mining stream and I earn 0.4 btc per day with this, my daily profit. I can get myself a new house and car. I can’t believe I have thousands of dollars in my bank account. Now you can get in. ([email protected]) Telegram +1 (323)-9 1 0 -1 6 0 5

  • 17.11.24 09:31 Vivianlocke223

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