Turning Back the Clock on the Future
Back in 1993, just 0.3% of people participated in the internet. That’s about where we are today in terms of the global penetration of active cryptocurrency users. If that is a fair comparison, there may be considerable growth ahead for cryptoassets​.




The views expressed are the views of Fred Alger Management, Inc. and Fred Alger & Company, Incorporated (“Alger”) as of August 2018. Alger has used sources of information which it believes to be reliable; however, this publication is not intended to be and does not constitute investment advice. These views are subject to change at any time and they do not guarantee the future performance of the markets, any security, or any funds managed by Alger.

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BRAD NEUMAN, CFA​​
Senior Vice President
Director of Market Strategy ​