Financial expert and host of the podcast "Women & Money," Suze Orman believes that for now, individuals should at least have cryptocurrency in the form of Bitcoin. However, this must be accompanied by a good understanding of risks and rewards.
"Everyone is advised to have Bitcoin. But if my assumption is wrong, you must still be in a good position if you have to lose money. Buy (Bitcoin) according to the risks you are willing to bear," she said, as quoted by CNBC Make It.
Orman has her own reasons for why she buys Bitcoin, and her reason for purchasing it is not because Bitcoin is an asset that is signaled to become a currency, but rather about supply and demand.