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Bitcoin will be a must-have asset in every investor’s portfolio in 2025”: Interview with Bitpanda’s CEO & co-founder Eric Demuth


You may have noticed a trend recently to make investing more accessible and attainable for the general public. You shouldn’t have to have a Master’s degree and 5 years professional experience to get the chance to make your first investments and shape your own future.

This is where Bitpanda comes in. Founded in 2014 in Vienna, the team is removing complicated financial barriers by harnessing the innovative power of digitised assets and blockchain technology. And yesterday, this leading European neobroker, who is on a mission to democratize the complex world of investing, landed a €44.5 million Series A round to make their vision a reality.

We spoke with Eric Demuth, CEO and co-founder, and an entrepreneur with an e-sports background, about the fintech sector, how bitcoin is becoming more mainstream, landing funding and a partnership at this difficult time, maintaining diversity and company culture when scaling up, and the future of bitcoin and crypto.

Could you tell us what makes Bitpanda unique from your competitors?

Bitpanda enables anyone to invest their money safely and quickly. By doing so, we are democratizing access to capital markets. By offering services like 24/7 trading, real-time settlement, savings plans and cross-platform compatibility, Bitpanda has shown a deep understanding of the customer base as well as traditional pain points. Our platform is all about ease of use: an easy verification process gives you access to an intuitive, fast and secure investing experience. Therefore, we offer simple deposit, purchase and storage options that are so self-explanatory that you don’t have to be an IT specialist to trade crypto products. Bitpanda is a generation wide broker. We see the 20-year-old student and the 50-year-old judge both using Bitpanda actively.

Bitcoin: Currency or Investment?

 



Bitcoin is defined as digital money within a decentralized peer-to-peer payment network. It is a

hybrid between precious metals with intrinsic value and fiat currency backed by a monetary

authority. This paper analyses the question of whether Bitcoin is currency or investment and more

specifically, what is its current usage and what usage will prevail in the future given its

characteristics. We analyse the statistical properties of Bitcoin and find that it is essentially

uncorrelated with traditional asset classes such as stocks and bonds. The analysis of transaction data

of Bitcoin accounts shows that bitcoins are mainly used as an investment and not as an alternative

currency. Currently Bitcoin is “small” relative to the size of other asset classes and thus does not

pose an immediate risk for monetary, financial or economic stability