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Friday, September 22, 2017

Crypto News: Searching for Problems? James Altucher to Bitcoin Critics: You're Dead Wrong

Searching for Problems? James Altucher to Bitcoin Critics: Youre Dead Wrong

Only invest in things that solve problems.

At least that's a strategy James Altucher, the former hedge fund manager, business blogger and best-selling author, places at the center of his investment strategy. With that outlook, it might seem strange that he so bullishly invests in bitcoin and other cryptocurrencies – emerging technologies typically accused of being "solutions searching for a problem."

But Altucher thinks that claim is nonsense.

In his eyes, cryptocurrency solves a host of problems caused by the fiat-based financial system – particularly, the fees and time it takes to send international payments.


Full story at http://bit.ly/2yuAeuh


Source: CoinDesk


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