“Bitcoin’s at It Again” – Bloomberg | $734.35

It’s still a good reason not to use Bitcoin as a hedge against the expected market sell-off an electoral victory by Donald Trump would entail.

There are other reasons, too.

For one, Bitcoin is quickly becoming a thing of the past.

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Wabbit
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Wabbit

“Then there’s the threat of proper central bank-backed digital currencies, which are expected to come into existence soon and may take much of the sheen off Bitcoin.
Central banks looking at virtual versions of their fiat include Canada, Australia, China and England. ”

RIGHT NEXT TO

“BITCOIN YTD GAIN
+71.8%”

This is absolutely brilliant. Sigh. https://imgflip.com/i/1dg9o1