In part 1 of our three-part series, we introduced cryptocurrency in general. Next, let’s explore the challenges and opportunities that exist for those hoping to earn, store and spend their bitcoin or similar cryptoassets.
Given the challenges, no wonder one tweet from a celebrity can still send a bitcoin’s spending power sinking or skyrocketing overnight. You don’t generally see that from a dollar bill!
Still there are many who believe cryptocurrency is here to stay. Are they right? Will cryptocurrency prevail, and ultimately become a widely accepted means of exchange? If so, which ones will sink? Which will swim? Under what circumstances?
We wouldn’t bet your life’s savings on any particular outcome – which brings us to our next topic of conversation: Does cryptocurrency belong in your evidence-based investment portfolio? Our short answer is no – at the very least, not yet. In part 3, we’ll explain why.
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