Bitcoin — Digital Fools Gold?
Bitcoin — Digital Fools Gold? Share Chip Wood Tech companies, flush with cash, are investing in the cryptocurrency: Starting with Elon Musk-led Tesla (NASDAQ:TSLA) to the tune of $1.5 billion, and Larry Ellison’s Oracle ( NYSE:ORCL ) may be next. Financial institutions, such as Mellon Bank, are signing up and Bank of America (NYSE:BAC) might be next. Online commerce sites, such as Square (NYSE:SQ) and PayPal (NASDAQ:PYPL), are on board. Apple Wallet may soon follow suit. Then, there’s the fear of being left behind. As Brett Messing, president and COO of SkyBridge, stated, “...
Source: townhall.com