FYI: I don’t have any groundbreaking insights on the cryptocurrency phenomenon. Some people think it’s going to revolutionize payments and transactions while others assume it’s the no different than the Dutch Tulip Bubble. I’ve done a fair amount of reading on the topic and have concluded that it falls into my too hard pile. But it is fascinating to watch the price movements from a psychological perspective. This piece I wrote for Bloomberg discusses how those factors could affect future returns and how this is related to the stock market.
Regards,
Ted
http://awealthofcommonsense.com/2017/07/bitcoin-stocks-the-fear-of-missing-out/
