Reddit's Alexis Ohanian: Crypto winter will purge 'tourists and grifters,' leaving space for builders
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Crypto winter will remove "tourists and grifters" from the sector, predicts Alexis Ohanian, Reddit's cofounder.
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Ohanian views bitcoin as digital gold - a haven asset for a new generation.
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In 2014, Ohanian paid just $15,000 for ether now worth over $100 million.
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He sees crypto bear markets as times for building products with real utility.
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Ohanian believes the 60/40 portfolio is outdated, as digital natives favor crypto and alt assets.