From Cathie Wood Stocks to Bitcoin: 3 Explosive Strategies for Reaching Financial Independence - News Summed Up

From Cathie Wood Stocks to Bitcoin: 3 Explosive Strategies for Reaching Financial Independence


Even after its recent plunge, Bitcoin remains the single best performing asset class of the last decade. Investors interested in capitalizing on the crypto sell-off are probably more interested in where the asset is headed, not where it's been. At the end of the day, Munger is absolutely right that Bitcoin is a commodity with no intrinsic value. By comparison, Ethereum (CRYPTO: ETH) has a lot more functionality. From smart contracts to non-fungible tokens (NFTs) to decentralized applications, Ethereum has the potential to host financial products on its blockchain -- a concept that could disrupt the finance industry.


Source: Daily Sun July 02, 2021 21:45 UTC



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