Breaking NewsWill Huobi’s Bitcoin Options survive or zoom past existing competitors?        Altcoins’ Under Heavy Losses, BTC Bias in Favor of Bears as Stock Market Fears Another March …        The days of bitcoin doubling in a week are over — fintech CEO        Bitcoin ATMs: Making a social impact on the unbanked and underbanked        DOJ: Man used $1.1 mil PPP loans to buy cryptocurrency        Binance’s crypto payments card to debut in Europe starting next month        Cryptos crash but never die, and funds of funds can profit        Cryptocurrency Market Growth by 2027| Coinbase, Intel NVIDIA, Ripple Labs, Inc., Xilinx, Inc …        As Money Printer Goes Brrrrr, Wall St Loses Its Fear of Bitcoin        Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights        High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run        Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto        Cardano, XRP Outpace Bitcoin as Analyst Forewarns Abrupt Ending of Altcoin Season        Binance unveils its Bitcoin debit card in Europe and UK        Should Traditional Finance Companies Adopt Crypto?        Crypto lending 101: Everything you need to know about managing risk        Update: Snowball Money Hits $600000 Maximum Funding Goal Reached on Republic        Wealthsimple to expand into crypto trading        241.02 Technical Area Emerges as Short-Term ETH/USD Resistance: Sally Ho’s Technical …        Fidelity Digital Assets to Custody Bitcoin in Kingdom Trust Retirement Accounts        Bitcoin Volatility Metrics Are Like November 2018 All Over Again        ERC-20 Tokens’ Market Cap Exceeds That of ETH        Why blockchain gets attention?        R3 CEO starts LedgerEdge blockchain platform for corporate bonds        CEO Sunny Lu: Ripple and VeChain Would Make a Good Partnership        US Army Seeks Cryptocurrency Tracing Tools        Rising Markets Drive Paxful First Half 2020 Bitcoin Quantity to $1.1 Billion        How Blockchain Will Bridge Consumption To Consciousness In The Jewelry Industry        United States v. Gratkowski Beware of Inanimate Objects That Violate Your Privacy        Why Coinbase Is Not Using Kubernetes to Run Their Container Workloads        Blockchain Medical Prescriptions Coming in Chinese City + More News        Rochester Institute of Technology Becomes the First University to Invest in Tokenized Venture Capital        Global Smart Contracts Market with Coronavirus (COVID-19) Impact Analysis likewise Industry is …        



BestBitcoinMining.com

Cryptos are ‘entirely unsuitable for investing in’: CEO of Allianz Global Investors

Cryptos are ‘entirely unsuitable for investing in’: CEO of Allianz Global Investors

Not for the first time, Andreas Utermann, the CEO of investment management firm Allianz Global Investors, has taken a swipe at digital currencies. In a Jan. 30 column headlined “Unencryptoed: Why investors should steer clear of cryptocurrencies,” Utermann said the distributed ledger technology lacks key features that make fiat money sustainable, including tax-raising powers, productivity in terms of trade and the ability to pay interest.







BestBitcoinMining.com