Michael Milmeister, the CEO of Stormrake, an Australian Bitcoin brokerage, asserts that not owning Bitcoin is a significant risk for investors, particularly those nearing retirement. During a discussion at TheStreet Roundtable, he challenged the common perception that Bitcoin's volatility makes it unsuitable for older investors. He advocates for a 5-10% allocation to Bitcoin, which he believes is essential to avoid missing out on a rapidly growing asset. This recommendation is notably higher than the 2% cap suggested by BlackRock, the world's largest asset manager, which views higher allocations as overly risky. Milmeister argues that breaking the 'zero barrier' is crucial, as investing even a small amount in Bitcoin leads to accelerated learning and increased confidence in investing. He believes that once investors own Bitcoin, they are more likely to deepen their understanding and increase their investments over time, fostering a passion for the cryptocurrency. Stormrake has expanded its services to the U.S. market, partnering with zerohash to enhance its offerings.