Blueprint Capital Advisors CEO: “It’s Wrong to Ignore Cryptocurrencies”

Jacob Walthour, CEO and Co-Founder of Blueprint Capital Advisors, has discussion on the outlook for crypto and stock markets in an interview with CNBC on Wednesday (December 29th).

With over 25 years of experience in traditional financial markets and asset management, Blueprint Capital Advisors CEO Walthour shares:

“At this stage we need to rethink how it all began. Throughout human life we ​​started buying things with cash, then the idea of ​​using checks, then the idea of ​​using cards, and now the idea of ​​paying electronically. For me it’s the use of cryptocurrencies, the whole concept of a wallet. It bodes well for the adoption of crypto in the next 5 to 10 years. ”

The CEO emphasized that many companies are now accepting crypto currencies as a means of payment:

“I think it would be a mistake to ignore this asset class (cryptocurrency) that has been thriving for five years.”

“But as US stock market levels and cryptocurrencies rise, I think FOMO sentiment is gaining the upper hand and a lot of the money is moving from stocks to crypto.”

Walthour admits that if the stocks sell off, the cryptocurrency could continue to fall due to higher volatility, but doesn’t think this is inevitable in the near future.

“Based on the massive sell-off in crypto last quarter, my prediction for the foreseeable future is that crypto will likely outperform the stock market in 2022.”

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