Wall Street Veteran Jordi Visser Says World Could See Two Centuries Of Innovation In 20 Years And That's Why You Should Hold This Much Bitcoin

Influential Wall Street investor Jordi Visser urged investors on Saturday to assess their outlook on the fiat system and adjust portfolios accordingly, favoring assets like Bitcoin (CRYPTO: BTC).

Pace Of Innovation Increasing, Says Visser

During an interview with entrepreneur and investor Anthony Pompliano, Visser stated that the pace of innovation is accelerating, with each year equating to a decade of progress.

He drew on economist Joseph Schumpeter’s concept of creative destruction to argue that in 20 years, the world could potentially see “two centuries’ worth of innovation.” 

“If I believe that in 20 years that world of abundance is here, then the only thing that I want to have as a kind of thought is well, I think Bitcoin and the crypto world, the exchange of velocity of services through this value thing is the way people should be,” he said.

Visser’s ‘Pitch’ To Investors

Visser advised that if there’s a 30% chance of this future materializing, then one’s net worth allocation to Bitcoin should reflect that probability.

“So if I think that’s a 30% chance of happening, and in my net worth, if I have 5% in Bitcoin or 1% in Bitcoin, that’s the wrong number,” he added. “The right number is 30%.”

Visser emphasized this as his “pitch” to wealth managers, urging them to reconsider their stance on the future of the fiat system.

Inflation Vs. Deflation

Visser also talked about how Bitcoin thrives on dual narratives of inflation and deflation.

“It’s got the one side, now the inflationary side, which it will benefit from, and on the other side, where it benefits from deflation, is from the opportunity cost that an individual investor has,” he said, arguing that people would want to park money in future “growth assets.”

Notably, Visser said earlier in February that Bitcoin still misses a strong "fundamental narrative" to boost its appeal.

He argued that if institutional investors, such as pension funds or sovereign wealth funds, could achieve similar or better returns from the world's largest "liquid companies," they wouldn't be tempted to invest in Bitcoin.

Price Action: At the time of writing, BTC was exchanging hands at $77,833.80, down 0.25% in the last 24 hours, according to data from Benzinga Pro.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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