Tag Archives: intrinsic

Bitcoin is ‘not an asset’ and has ‘no intrinsic value,’ says $225 billion investment company

Bitcoin is ‘not an asset’ and has ‘no intrinsic value,’ says 5 billion investment company

Hargreaves Lansdown, the largest retail investment platform in the UK, which has about $225 billion in assets under management, issued a surprisingly harsh warning to its customers: Stay away from Bitcoin. The cryptocurrency has “no intrinsic value,” it told its clients, and should not be included in their life savings and retirement plans.  HL is the third large financial institution …

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