Poll: Is Bitcoin a Long-Term Alternative to Government-Sponsored Currencies?
In a poll conducted in the CFA Institute Financial NewsBrief, we asked professional investors around the world if they thought the Bitcoin would be a long-term, viable alternative to government-sponsored currencies.
Only 17% of the 1,065 respondents said yes. Of course, the core of any monetary system is trust. With so few investors willing to trust the Bitcoin right now, does it have a fatal flaw, or is it just getting started? To better understand the phenomenon of the Bitcoin, read the blog post “Bitcoins: New Gold or Fool’s Gold?” and tell us what you think by adding your comments at the bottom of the blog.
Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.