Cryptocurrency

title: Why not Invest in Cryptocurrency? description: [AFW S.12.22] Securities Objection #22 published: true date: 2026-06-30T08:09:45.417Z tags: editor: markdown dateCreated: 2021-07-23T00:28:08.086Z

"Bitcoin clearly has many more of the characteristics of a speculation than an investment, in that it has no intrinsic value, doesn't produce anything, and therefore doesn't earn anything, much less provide an income. Its value is simply what all the market participants say it is at any given moment. Bitcoin should probably be bought with money one wouldn't be harmed by losing." -Nick Murray

Read How to talk to your clients about Bitcoin, Capital Group article, February 27, 2025 web

Read The Fire Burning Beneath Crypto’s Meltdown, WSJ June 2022 PDF

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