NEW: 🇺🇸 Vanguard CEO says customers should not put #Bitcoin in their portfolios because:
- No intrinsic value
- No cash flow
ngmi
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Replies (14)
HFSP
Unless it hurts their bottom line I.e decline in aum can’t see this changing 🤷♂️
There’s something to be said for the resilience of ignorance.
ngmi
For people who still listen to "experts" rather than DYOR
I guess he doesn’t know what money is
Your post is being well-received.
Added to the https://nostraco.in/hot feed
I’m shocked they don’t even have gold as an option. That tells you something.
No gold either? They should block GLD on their platform too then, no?
Another headline here: Vanguard CEO likens Bitcoin to gold and calls it a stable asset 😅
Vanguard/BlackRock/StateStreet=ng. Ignore him, but don't over-invest. Btc seems to be iminently near the ceiling. When it is official....
He's just jealous because he missed out the best performing asset of all time! 😎
It's not too late!
Wonder what their actual angle is on this, or if they're.being truthful on the reasoning.
Stubborn morons