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Czech Central Bank Weighs Bitcoin for Reserves
Published 3 weeks, 4 days ago
Description
Czech central bank governor Aleš Michl explores bitcoins potential for boosting performance, citing a one-million-dollar portfolio test that outperformed stocks and gold. He likens bitcoin to a liquid version of venture capital, but warns of its extreme volatility, leading the banks board to hold off on adding it to foreign exchange reserves.
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