26 Jun '16, 8pm

I just published “The 1% don’t use Bitcoin Exchanges” https://t.co/hn3SLqRC0C

I just published “The 1% don’t use Bitcoin Exchanges” https://t.co/hn3SLqRC0C

The 1% don’t use Bitcoin Exchanges Given that the Brexit is still fresh in our minds — the big question of “how will the global financial elite diversify their assets” is one that every money manager and their clients are discussing this weekend. Great timing for a Bitcoin post! I sent a tweet out earlier this morning (followed by a tweet storm!) and there was a lot of activity around it and I felt compelled to explain it in more detail. One of the key themes of a prior post I wrote in 2014, was that the Bitcoin exchange infrastructure for the ordinary man on the street was not yet in place, and that this fact would be partially responsible for the subsequent sideways/downward trading in Bitcoin that eventually occurred as predicted. To recap a quote from that post (dated March 31st 2014), entitled Finding Equilibrium : Lack of trust with exchanges and limited ability to p...

Full article: https:[email protected]/the-1-dont-use-bitcoin-e...

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