Why I’m (still) not buying crypto, and never will

Now that bitcoin and other crypto assets are hitting record highs again, are you going to revisit your obviously incorrect opinion of this asset class? It seems you’ve left a lot of money on the table.

Donald Trump’s vow to turn the United States into the “crypto capital of the planet” has lit a fire under the sector.

Since the U.S. presidential election on Nov. 5, the price of bitcoin has surged about 20 per cent. As of early Friday afternoon, bitcoin was trading at US$89,000 and change. Crypto mining and trading stocks have also jumped as investors pour billions of dollars into the space, hoping that Mr. Trump’s administration will deliver on his promise to build a national stockpile of bitcoin and usher in a new era of…

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