Crypto Reserves for Startups: Navigating Risks and Rewards
Startups are finally looking at cryptocurrency reserves, huh? Especially Bitcoin. It’s not like they’re just for dodgy online purchases anymore. It’s a tempting prospect, isn’t it? Diversifying with some digital cash that could potentially hedge against inflation. But let’s not kid ourselves, it’s not all sunshine and rainbows. There are some major risks involved.
Bitcoin: The New Gold Standard?
Bitcoin has kind of become the go-to reserve among cryptocurrencies. It’s got the longest track record of holding value, and it’s decentralized and secure. Plus, it’s been doing better than most of its rivals. So, yeah, why not hold a little Bitcoin, right? It might just protect you from inflation and currency devaluation. But…
