He calls bitcoin “a digital, scarce store of value” and stresses the need to put in place some investor protections for this asset class.
SEC Chair Gary Gensler talked about cryptocurrency policies and bitcoin in an interview with CNBC Friday.
It’s a digital, scarce store of value, but highly volatile, and there’s investors that want to trade that … for its volatility, in some cases just because it is lower correlation with other markets.
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The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other …
A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins.