Cryptocurrency as an investment continues to be a very divisive asset class, with many experts warning its current momentum can’t be sustained, while others welcome the likes of Bitcoin and Dogecoin as a completely legitimate holding.
Andrew Birth, Strive’s co-founder and CEO, commented on the development at the time: “Without a doubt, the crypto market is here to stay.
“I think cryptocurrencies are here to stay, so it is important that we teach children about them and digital banking in a safe environment.
Kevin Brown, a savings specialist at Scottish Friendly, concluded on this: “The industry should be focused on making children’s investing straightforward, affordable and accessible to everyone, rather than heavily promoting products so volatile that they could potentially wipe out large chunks of their pot overnight.