Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush

This week John LaForge from the American multinational financial services company Wells Fargo published an investment strategy editorial for the bank’s subsidiary the Wells Fargo Investment Institute.

The guide discusses a number of traditional investments and trends taking place in the world of finance, but the seven-page update also commits a whole page to bitcoin (BTC) and the crypto economy in general. “[Bitcoin],” LaForge said is “2020’s best performing and most volatile” asset in comparison to the equities and other investment vehicles discussed in the strategy update.