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Marketwatch story on the volatility of Bitcoin. The story was interesting (especially the table comparing bitcoin to gold and stocks etc). However, the first comment to the article by Larry Horowitz was also interesting and repeats what @bee said above about Fidelity creating a digital asset platform.
I confess - I don't own any bitcoin... but it doesnt stop me from being curious. I mean Michael Saylor of Microstrategies took $500M of cash from his companies balance sheet and invested it in Bitcoin because with inflation... it was costing him too much money by leaving it in the bank.
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https://www.marketwatch.com/story/bitcoin-sees-bear-market-skid-living-up-to-its-reputation-for-seismic-price-swings-11610391398?mod=home-page
I confess - I don't own any bitcoin... but it doesnt stop me from being curious. I mean Michael Saylor of Microstrategies took $500M of cash from his companies balance sheet and invested it in Bitcoin because with inflation... it was costing him too much money by leaving it in the bank.