Please click the link below to view Shae Oliver’s thought on Bitcoin.
Key points raised are :
- Digitial currencies and blockchain technology may have a lot to offer -but that does not mean Bitcoin will be it
- Due to extreme volatility, high transaction costs and slow processing, Bitcoin does not cut it as digitial cash
- But it’s not an asset generating cashflows either, which makes it impossible to view
- Key for investor is not to invest in something if you don’t understand it and to recongise that just becuase Bitcoin has surged in price does not prove its worth
