Over time, as people sell their dollars for any other thing, the price of dollars falls, interest rates rise (one needs to be paid more to lend a depreciating asset), and the US Federal Government's debt rises by trillions of dollars. To pay, it will print, making the cycle worse
HERE WE GO.
ICE, owner of New York Stock Exchange, just announced a global platform to "enable consumers and institutions to seamlessly buy, sell, store and spend digital assets."
This may be the biggest news of 2018.
This is old news, While I think Cameron and Tyler would have run one of the better ETF's, The new ETF excitement came from the fact that CBOE filed their own Bitcoin ETF. The SEC would rather grant an ETF to an existing institution over a new one. https://t.co/xLHZDLo9O5
Never ask a lawyer if doing something would be safe, for the answer is always no. Instead ask what is the safest way to do it and what risks would remain. (HT @nickm_tor)