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Topic: 2013-04-10 FT Adviser: ‘Bitcoin currently too risky for investors’ (but...) (Read 852 times)

full member
Activity: 210
Merit: 100
http://www.ftadviser.com/2013/04/10/investments/alternative-investments/bitcoin-currently-too-risky-for-investors-6TZXMCZF7HXJ31uQyqfE9J/article.html

First paragraph:
"The owner of South Yorkshire-based IFA Blue Wealth said the online currency, which can be traded anonymously between individuals and has been labelled ‘virtual gold’, was too volatile for his clients but could be a future option if cash became unstable."

Yes, you read that correctly: "...  but could be a future option if cash became unstable."

Apparently the unthinkable now has a contingency plan: bitcoin.



Let's hope cash may one day become unstable then. Oh wait...
sr. member
Activity: 358
Merit: 250
http://www.ftadviser.com/2013/04/10/investments/alternative-investments/bitcoin-currently-too-risky-for-investors-6TZXMCZF7HXJ31uQyqfE9J/article.html

First paragraph:
"The owner of South Yorkshire-based IFA Blue Wealth said the online currency, which can be traded anonymously between individuals and has been labelled ‘virtual gold’, was too volatile for his clients but could be a future option if cash became unstable."

Yes, you read that correctly: "...  but could be a future option if cash became unstable."

Apparently the unthinkable now has a contingency plan: bitcoin.

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