We are pleased to provide you with the latest edition of the KCS Fireside Chat series. This article is the 60th monthly Fireside Chat that we’ve produced, and by far one of the most challenging for me to write, but that’s what makes producing these fun.
In this article we explore cryptocurrencies, and specifically bitcoins. The price action has a lot of people excited, but concerned, at the same time. We undertook to research this topic as a potential investment for our clients. As you will read, we remain a little skeptical of cryptocurrencies, but want to get to know block-chain technology better.
We hope that you find this overview helpful. As always we encourage your feedback on the subject, and please don’t hesitate to reach out to us if we can be of any assistance to you.
Great educational article! Appreciate all the hard work involved in something “new”. Minsky said “It is easy to create money. The problem is getting it accepted”. So this is an interesting development.