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Citibank Executive Says Bitcoin Will Do Well But Sees Better Investments in ‘Giant Unstoppable Trends’

Citibank Executive Says Bitcoin Will Do Well But Sees Better Investments in ‘Giant Unstoppable Trends’



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  1. >These kinds of giant unstoppable trends, as we call them, are really wonderful investment opportunities, that are probably in the long term, or in my view definitely in the long term, way better than bitcoin.

    Except even if you buy this line of reasoning, you would still be better off with buying bitcoin for now and then switching to these other assets in the future. That would give you much more money to invest into these assets.

    >he sees better opportunities for Citi clients in “unstoppable trends,” like big data, satellite technology, solar, and more

    None of those seem revolutionary and they have all been around for at least a decade.

    >Bailin said he has been looking at ways to offer his clients exposure to bitcoin, including a “total return swap” that could allow clients to “invest in the price appreciation of the actual digital currency.” He opined, “I think that’s probably the most efficient way to do it.”

    In other words the best way to get maximum returns for your clients is to just buy and hold bitcoin for them. Sounds like the penny has dropped that he is not needed with his overprice salary if all they are going to do is buy bitcoin, can get one of the plebs to do that.

  2. >”The Citibank wealth expert added that although bitcoin may be the talk of the town, he sees better opportunities for Citi clients in “unstoppable trends,” like big data, satellite technology, solar, and more.”

    Ok have fun!

  3. When Musk announces Dogecoin will be the official currency of Mars… you laugh, I laugh, we all laugh now, but I know who Elon is. A nerdy engineer fuck, and those are my peoples

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