What Makes Bit Coin Valuable?

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Bit coin is like equity in a company that makes, i don't know, a hydrogen powered flying car. We just don't know if this company is really going to be able to pull it off or not. And so that's why i think it's like a volatile piece of equity that gives you participation in a technological revolution that we don't know whether it's going to take off or not.

American retailers are rushing to secure inventory ahead of the year end holiday season, US financial authorities are preparing to take a more active role in regulating the $1.5tn cryptocurrency market, and Russia released $500m in credit to Belarus as western countries target Minsk with sanctions. Plus, the FT’s Unhedged columnist Robert Armstrong explains why he thinks bitcoin might be better thought of as an equity call option than a currency.

US retailers rush to secure holiday season stock

https://www.ft.com/content/3a7c02ba-89b0-45d1-8f02-d5eb3c002848

Russia releases $500m loan to Belarus as west imposes sanctions

https://www.ft.com/content/5953320d-c342-457a-af40-50424d159ffd

US regulators signal bigger role in cryptocurrencies market

https://www.ft.com/content/a2c13ce0-6e66-4751-aa65-6c668d303101?

Bitcoin as a call option

https://www.ft.com/content/ed884387-73a3-4e5a-b1db-8f122cd54887

Nestlé document says majority of its food portfolio is unhealthy

https://www.ft.com/content/4c98d410-38b1-4be8-95b2-d029e054f492?

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