The level of effort you put into our case demonstrated to others around your support and dedication to achieve a positive result.
You may have heard of Bicoin, it's been making a few headlines lately - and if you come back and read this article in a decade, that statement will either be untrue, because Bitcoin will have disappeared, or redundant, because it has become pervasive. And that is the problem with Bitcoin; nobody (well certainly not us) has a clue about whether it's a fake commodity, money independent of Government, an investment bubble and a fad, or a rising reserve currency that will rank with the Dollar, and Renminbi in years to come.
Currently we are hearing stories of people mortgaging their homes to buy Bitcoins - and that sounds like a bubble, and it sounds like trouble, but we cannot tell what will happen in the future. However by using the same steady, robust, and academic methods we apply elsewhere we can learn something about the current situation, and how we should act for maximum long term benefit. Here Dimensional Fund Advisers provides some insight into whether Bitcoin should be in your portfolio.
by John Stirling
The level of effort you put into our case demonstrated to others around your support and dedication to achieve a positive result.