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Corporate Finance Execs Still Balk at Bitcoin

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By Nicholas Otieno
Mar 11, 2021 5:00 AM PT
Bitcoin has become a financial and cultural phenomenon, having been in existence only since 2009. While many people have heard of it, very few understand it. In short, Bitcoin is a cryptocurrency, or digital currency, that allows transactions independent of the banking system.
Some see digital currency as revolutionary because it lets people send funds as easily as emails, even across international borders.
Although Bitcoin was originally developed to function as an alternative to fiat currencies (those that governments have given legal tender status), there has been a noticeable rise in demand from many people purchasing the virtual currency purely as a financial investment, hoping that it will appreciate rather than using it for a transaction. ....

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Finance leaders risk overinvesting in new analytics

Finance leaders risk overinvesting in new analytics
it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.

Alexander Bant , Gartner Finance , அலெக்சாண்டர் பண்ட் , கார்ட்னர் நிதி ,

Corporate Finance Execs Still Balk at Bitcoin

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By Nicholas Otieno
Mar 11, 2021 5:00 AM PT
Bitcoin has become a financial and cultural phenomenon, having been in existence only since 2009. While many people have heard of it, very few understand it. In short, Bitcoin is a cryptocurrency, or digital currency, that allows transactions independent of the banking system.
Some see digital currency as revolutionary because it lets people send funds as easily as emails, even across international borders.
Although Bitcoin was originally developed to function as an alternative to fiat currencies (those that governments have given legal tender status), there has been a noticeable rise in demand from many people purchasing the virtual currency purely as a financial investment, hoping that it will appreciate rather than using it for a transaction. ....

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Majority of global CFOs will never buy bitcoin: Gartner survey

Majority of global CFOs will never buy bitcoin: Gartner survey
livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.

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Bitcoin (BTC) price prediction for March

Bitcoin (BTC) price prediction for March
February 21, 2021
A recent survey shows 5% of companies are looking to invest in Bitcoin as a corporate asset in 2021
Bitcoin price is up nearly 15% in February, and up about 480% since October
The 261.8% Fibonacci extension line comes at $63,500 and will likely act as the next target to the upside
Bitcoin (BTC) price has exceeded the $57,000 mark today as the impressive bull run extends into the second half of February.
Fundamental analysis: 5% of surveyed companies to purchase Bitcoin this year
According to a small survey by Gartner, about 5% of companies are looking to invest in Bitcoin as a corporate asset in 2021, while an additional 11% said they want to do it by 2024. ....

Alexander Bant , அலெக்சாண்டர் பண்ட் ,