Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Cryptocurrencies and Blockchains – Anyone Investing here?
This is a PPT presentation on cryptocurrencies which are digital assets and blockchain technology which is a distributed digital ledger technology. The term "Fintech" combines finance and technology. A lot to learn in this disruptive trend in technology.
Anyone investing in these areas through mutual funds or etfs?
I think blockchain technology is actually the real deal. Not quite sure how to invest in it, except through the big tech companies. That's pretty much what the blockchain ETFs do.
Comments
Cryptocurrencies: gambling, for sure. (Says me, who just bought some MJ, just for the hell of it.)
Detailed and precise ledger tracking, otoh, is the real deal, yes.
On the other hand, Warren Buffet found an Amazon-like stock in India, Paytm, and have invested a small stake.
https://fool.com/investing/2018/08/29/warren-buffets-berkshire-hathaway-might-have-found.aspx