3min chapter

After Hours cover image

Tesla and Bitcoin: Are You a Believer?

After Hours

CHAPTER

Is Bit Coin a Currency?

Oni: What should we regard bit coin as? It's not money. We can't really use it for most transactions, at least not yet. Is morphying into an asset? And then you have to ask yourself, what kind of asset is it and what function does it provide in a portfolio or in the world? roe: I don't think the hedging story is terribly compelling,. i'm not sure i'm goig tobe able to find my bit coins' Oni: Maybe it's just an asset which satisfies the desire that is rampant to speculate.

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