Aaron Fifield – Chat With Traders · Conversations with talented traders—in stocks, futures, options, forex and crypto markets.
from Chat With Traders · Conversations with talented traders—in stocks, futures, options, forex and crypto markets.
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Most everyday consumers are wary of Bitcoin because its price has turned out to be quite volatile. While this statement is true for the most part, Bitcoin is far from the only currency in existence that is suffering from a volatile price. Nearly every fiat currency, precious metal, digital asset, or anything issued by a bank or government is constantly fluctuating in price as well. Anyone in the world can openly track the Bitcoin price, and see which part of the world is influencing it.
Make sure to read: ABN Amro’s Arjan van Os: “Bitcoin is Ancient History To Us.”
Over the years, many companies have been trying to use Bitcoin as a collateral for trading. Not many of those companies have succeeded, as there is quite a technological hurdle to overcome. Plus, there is not a huge demand for such a service either. First Global Credit is dedicated to creating a capital market for Bitcoins.
First Global Credit – Increasing the Value of Investment Portfolios
The main reason why a company such as First Global Credit has been eyeing Bitcoin is because the staff running this platform recognized the value of this disruptive digital currency. Because of that, the company will empower their clients to use Bitcoin in the same way as they would fiat currency, with the goal of increasing the investment portfolio value.