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A comment on Bill Gates Says that Bitcoin is bad For the Planet. Parent comment
Banks and hedge funds put money into cigarette companies and arms manufacturers and all manner of scam companies.
Their decisions are based on estimated risks and rewards over different time periods.
Taking a position in Bitcoin doesn’t imply anything about it’s nature or long term prospects.
Only that there is a perceived path to potential gains over a time period known to the investor, and not to us.
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Banks and hedge funds put money into cigarette companies and arms manufacturers and all manner of scam companies.
Their decisions are based on estimated risks and rewards over different time periods.
Taking a position in Bitcoin doesn’t imply anything about it’s nature or long term prospects.
Only that there is a perceived path to potential gains over a time period known to the investor, and not to us.