Jean-Luc Bourdon, CPA at BrightPath Wealth Planning in Santa Barbara, Calif., explains cryptocurrency to clients in two words: Beanie Babies. “Beanie Babies and bitcoins have a functional purpose but do not generate income -- no rent, dividends or interest,” he said. “Except for their popularity, they can easily be duplicated. Relying on the popularity of a particular good in an emerging and competitive field is, of course, hazardous.”


Source: Financial Advisor

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