I was asked this week why I hadn’t recommended a certain ‘positive change fund’, which grew 85% last year. Looking under the bonnet, I saw that 10% of it, some £25m, was invested in Tesla, the rest in a variety of techie companies of which I hadn’t heard. If I’d put it on the buy list, I’m sure I’d be still more of a hero to many a PJFS client. However, it could have gone either way and with Tesla, now using bitcoins and not actually making very much of its money from pricey electric cars, it probably will. But I don’t think that’s much of a revelation. Elon’s not exactly low profile, is he?
“US Justice’s largest ever financial seizure sees two arrests over $3.6bn stolen crypto”
I make a point of never recommending anything which is a)unregulated or b) I don’t understand and can’t explain. And here’s proof, were it ever needed, that crypto-bitcoins fall firmly into both categories…