2018-6-28 08:54 |
She responded that one person would occasionally bring up Bitcoin, then the room would clear out.
Since the advent of the first cryptocurrency nine years ago, professional money managers have almost universally dismissed it as a potential investment.
Last year, as the price gains of cryptocurrencies like Bitcoin and Ether were generating daily headlines, some fund managers went on the attack, calling the sector a pyramid scheme.
Wall Street money managers are not used to standing on the sidelines while amateurs get rich off something the pros don’t really understand, or worst yet, own.
Then there are the recently introduced Bitcoin futures at the Chicago Mercantile Exchange and the Chicago Board Options Exchange.
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