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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