Equity Fund CEO Shuns Bitcoin (BTC) In Favor of ‘Biscuits’, Basic Goods

Bitcoin (BTC), Cryptocurrency–If you thought the FUD towards cryptocurrency would take its time to emerge in the new year, think again. The CEO of investment house Gateway Partners, Viswanathan Shankar reports that he shying away from Bitcoin and cryptocurrency investments in 2019 in favor of pursuing more traditional investment strategies, including basic goods and services.

In a report put forth on January 2 by Nikkei Asian Review, an Asia-based publication, Shankar expanded upon his philosophy for the direction of the fund, stating that his management group would focus on a less alluring investment strategy than one offered through the volatility of cryptocurrency,

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