Bitcoin has had a great year in terms of performance and institutional adoption. Yet there are still a lot of common myths/misconceptions people have about the crypto currency. These include things like “Bitcoin is a bubble”, “it has no intrisic value” or “governments will ban it”. I initially covered Bitcoin in an article in autumn 2017, and was neutral-to-mildly-bearish for the intermediate term, and took no position. The technology was well-conceived, but I had concerns about euphoric sentiment and market dilution. I neither claimed that it had to go lower, nor viewed it bullishly, and merely stepped aside to keep…
Author: Lyn Alden
Lyn Alden
Lyn Alden is Founder of Lyn Alden Investment Strategy. Value investing with a global macro overlay. Lyn is a financial researcher and writer for several publications, including Equities.com, FEDweek, Seeking Alpha, and LynAlden.com. Her financial specialties include observing quantitative trends in the business cycle, analyzing various approaches to asset allocation, and researching stocks and international ETFs.
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