Despite billions in bond-buying “quantitative easing” and near-zero interest rates courtesy of recent Fed policy, Americans stashed $1.8 trillion in low-yield accounts since the QE program started in 2008.
We all know what makes a good CEO – a leader that keeps shareholders happy with steady growth, fattening profits, and, for good measure, rising dividends.
When a well-known venture capitalist like Tim Draper is investing in Bitcoin with some $18 million of his own money, there has to be a really good reason.
Draper was the sole winner of the 29,656 bitcoins auctioned off June 27 by the U.S. Marshals Service. Those bitcoins had been seized by the federal authorities that shut down the notorious Silk Road website last fall.
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