14 hours ago · Forget the Bitcoin price! I’d use the stock market recovery to make a million – Yahoo Finance UK. By. News Bureau -. 2 days ago · Bitcoin has been a hot topic in the investing world recently, and it isn't hard to see why. The leading cryptocurrency recently hit a fresh all-time high and is up by about % so far in Dec 15, · This article isn’t going to be one that talks about bitcoin’s deflationary model, its store of value, and how it is an uncorrelated asset that acts as a hedge in case of a crash in the traditional market. The article also doesn’t talk about bitcoin’s superior returns as compared to the long-standing assets in the [ ].
Stock market uk bitcoinCan Bitcoin protect your portfolio if the stock market implodes? - AMBCrypto
In addition, Square has built a nice business lending operation in the form of Square Capital, which has originated billions of dollars in small business loans. It does this at a much lower credit risk than its peers, since its loans are based on merchants' sales.
Square received approval for a banking charter of its own in , and the company plans to launch its own industrial bank next year. Finally, there's the Cash App, which offers so much more than bitcoin. The app provides person-to-person payments, the ability to buy and sell stocks, and debit cards. Cash App's user base has quadrupled over the past three years.
More than 30 million people actively use the platform, which is still in the relatively early stages of monetization. In a nutshell, Square's growth story has been impressive so far, but it could still have more room to grow.
That's true with or without bitcoin. In the corporate world, there are few people who believe in the long-term potential of bitcoin more than Square CEO Jack Dorsey.
There's no denying that Square's non-crypto business growth is extremely impressive, to say the least. If you believe in the long-term potential of bitcoin as an asset, but don't necessarily want your investment results to be only dependent on bitcoin, Square could be a smart way to go. Investing Best Accounts.
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