The CEO of the banking giant joins his other leaders in describing the cryptocurrency as unstable and insignificant. https://i1.wp.com/criptotendencia.com/wp-content/uploads/2017/11/792519e5fbd2a9dcupkpfa5xljje8la1fbiwvhtqra482lrsa75ob39dnc272286385.jpg?w=666&ssl=1 The global banking leader and the wealth management group of the monolith UBS Group AG have echoed the sentiments of other financial and legislative leaders by stating that the total market capitalization of all cryptocurrencies is not yet enough to consider the assets digital as a viable currency; and that the lack of government regulation gives UBS a break in considering Bitcoin and other currencies as a safe investment vector. In an interview published Friday with Bloomberg Technology, UBS chief investment officer Marc Haefele made the observation that volatile cryptocurrency markets create a chaotic investment picture. Possibly taking into account the recent interest in reducing the future of the first cryptoactive; He asked, "How do you know when to get out of an investment in Bitcoin?" Another concern, as always, is illegal activity. "All it would take would be a terrorist incident in the United States funded with Bitcoins for the US regulator to intervene and take action much more seriously," he said. "That is an unquantifiable risk, that Bitcoin has and that other currencies do not". The UBS is not ringing any new alarm. Earlier this month, the economist and global head of the Bank, Paul Donovan, compared the wave of Bitcoin with the mania of the tulip that took hold of the Netherlands in the 1600s; At the end of October, CEO Sergio Ermotti also observed that he did not necessarily approve the cryptocurrency system. Source ETHNews.com
post_id | 18,319,041 |
---|---|
author | marlozad |
permlink | digital-currencies-are-a-risk-that-ubs-is-not-willing-to-take |
category | crytocurrency |
json_metadata | "{"app": "steemit/0.1", "format": "markdown", "image": ["https://i1.wp.com/criptotendencia.com/wp-content/uploads/2017/11/792519e5fbd2a9dcupkpfa5xljje8la1fbiwvhtqra482lrsa75ob39dnc272286385.jpg?w=666&ssl=1"], "tags": ["crytocurrency", "invest", "coin", "blockchain", "social"]}" |
created | 2017-11-21 13:45:00 |
last_update | 2017-11-21 13:45:00 |
depth | 0 |
children | 2 |
net_rshares | 57,294,121,175 |
last_payout | 2017-11-28 13:45:00 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.136 SBD |
curator_payout_value | 0.002 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 1,739 |
author_reputation | 5,933,805,862,753 |
root_title | "Digital currencies are a "risk" that UBS is not willing to take" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
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jhonathan | 0 | 67,239,264 | 10% | ||
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luis10salas | 0 | 51,521,010 | 10% | ||
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robert-eins | 0 | 52,463,700 | 10% | ||
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mamasusa | 0 | 116,917,826 | 10% | ||
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cijarovi | 0 | 110,482,410 | 10% | ||
nicoloko | 0 | 58,635,900 | 10% | ||
jcsl21 | 0 | 58,854,400 | 10% | ||
raafaeelloo | 0 | 58,854,400 | 10% | ||
naysayer | 0 | 281,844,428 | 10% | ||
hainover | 0 | 58,635,900 | 10% | ||
jessymg | 0 | 198,311,182 | 10% | ||
wealthguru | 0 | 170,227,857 | 10% | ||
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barpicaf | 0 | 59,272,807 | 10% | ||
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gsmo | 0 | 62,967,494 | 10% | ||
dimcoin | 0 | 58,854,400 | 10% | ||
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gamersnews | 0 | 104,890,687 | 10% | ||
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kaib | 0 | 122,585,675 | 10% | ||
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glosarlo | 0 | 604,714,759 | 10% | ||
dharmavir | 0 | 58,635,900 | 10% | ||
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bootylab | 0 | 58,635,900 | 10% | ||
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Este Post ha recibido un Upvote desde la cuenta del King: @dineroconopcion, El cual es un Grupo de Soporte mantenido por 5 personas mas que quieren ayudarte a llegar hacer un Top Autor En Steemit sin tener que invertir en Steem Power. Te Gustaria Ser Parte De Este Projecto? This Post has been Upvote from the King's Account: @dineroconopcion, It's a Support Group by 5 other people that want to help you be a Top Steemit Author without having to invest into Steem Power. Would You Like To Be Part of this Project?
post_id | 18,357,116 |
---|---|
author | dineroconopcion |
permlink | re-marlozad-digital-currencies-are-a-risk-that-ubs-is-not-willing-to-take-20171121t212009611z |
category | crytocurrency |
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root_title | "Digital currencies are a "risk" that UBS is not willing to take" |
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<p>This post has been ranked within the top 50 most undervalued posts in the second half of Nov 21. We estimate that this post is undervalued by $19.10 as compared to a scenario in which every voter had an equal say.</p> <p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-nov-21---part-ii">The Daily Tribune: Nov 21 - Part II</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p> <p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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author | screenname |
permlink | re-digital-currencies-are-a-risk-that-ubs-is-not-willing-to-take-20171122t015105 |
category | crytocurrency |
json_metadata | "{"replyto": "@marlozad/digital-currencies-are-a-risk-that-ubs-is-not-willing-to-take"}" |
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