Fidelity CEO Abigail Johnson says the company is mining cryptocurrencies
> Johnson said that the company had made several venture investments in bitcoin-related businesses and that the company was looking at applications of blockchain technologies alongside several leading universities.
Every crypto article makes the same vague claims about the potential of non-specific blockchain technology. I'm surprised there was no mention of replacing Visa in this one as well.
I like that the post mentions she's mined 200,000 Satoshis. Is this some kind of Bitcoin Shibboleth? I had to google it. It's about $8.
I cannot imagine a headline that would make me more interested in investing with Vanguard.
I can't wait until large firms, or very rich people start throwing a lot of money at mining and start co-opting cryptocurrencies
How did this article just get written? Consensus happened in May...
Sure, if you have more of a kitty than many countries to play with, an army of lawyers and an IT department... have fun.
It sure feels like "blockchain" and "cryptocurrency" are the new misunderstood but mandatory usage buzzwords of the day.
So someone at Fidelity watched Mr Robot I think they missed some parts but lets see how this plays out...(starts thinking about moving investments away from Fidelity).
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Dream of satoshi is dead now
There will probably be more bad news from China this year. It seems very risky to do what they are doing.
It would be highly irresponsible not to do so
ROI of creating an investment portfolio 1 year ago, and selling today:
- All Bitcoin: ~500%
- Mix of top market: ~2800%
- All Strat: ~13500%
Meanwhile, stock investors call 12% a good year.