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Private Money with Stefan Eich

The Dig

Cryptocurrency Is a Speculative Asset

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Crypto currency is uncorrelated with any other economic activity. It protects you against some of the kind of ffiercest forms of securities regulations that out there, because currencies are regulated in entirely different manner than financial securities. In terms of market behavior that's tolerated or band we're still very, very far removed from the kind of regulations that apply for any kind of financial security.

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