Financial Times: Chances of Bitcoin Making it are now Zero
Whenever I need a laugh, I read a mainstream publication's assessment of Bitcoin, from the outside looking in. Many are merely mouthpieces, printed microphones for the current ruling global elite. They tell the masses what to believe, give them ten percent of the story, from the current ruler's purview, and then call it a day. Television, print media, cable, it's all the same. And that's why ad revenue, viewership, and circulations are dropping in mainstream media worldwide. The smart investment for your media time is online, alternative media, like CCN, for example. Things here will....
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A top hedge fund manager is reported to have given Bitcoin an endorsement of sorts, reports the Financial Times. Michael Novogratz, macro fund co-chief at Fortress Investment Group said Bitcoin could be an effective way to transmit money to countries with less-than-impressive banking systems. Not only that, but Novogratz, along with colleagues at Fortress have taken "personal positions" in the cryptocurrency. The Financial Times report indicates that Fortress themselves have taken a look at Bitcoin, but subsequently decided it's "too speculative" for their funds. It's big news for the....
Crypto has become one of the most prominent investments, especially among young people but it is not all profits/gains as is usually believed. Due to its highly volatile nature, crypto carries as much risk of losing money as it does the promise of making life-changing gains. To make sure the latter is the case, here […]