Business
How to invest in crytocurrencies – The Australian Financial Review
Here’s what you need to know about the different offerings, what to watch out for and where to buy them.
The new gold
Bitcoin is the most ubiquitous cryptocurrency on the market, given its used as a store of value and is therefore comparable to other assets such as gold and silver. This also means it has gained more interest with institutional investors than other cryptos.
Buying bitcoin is a call option on the digitisation of the financial system. The uses of blockchain solutions are massive and the adoption is increasing exponentially, says Vimal Gor, Pendal Groups head of bond, income and defensive…
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