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It’s All About the Bitcoin: Dollars or Cryptocurrency?

November 02, 2017 | Greg Leonberger, FSA, EA, MAAA, FCA, Partner, Director of Research


Flash talk by Greg Leonberger, FSA, EA, MAAA, at Marquette’s 2017 Investment Symposium

What is cryptocurrency? We examine how cryptocurrency is transacted, including how blockchains function, then dive into Bitcoin’s uses, acquisition, mining, and circulation. As an investment, the last few years have shown impressive (and frightening) growth, but we caution investors to be aware of the volatility within Bitcoin and look back at tulips for some insight. There are many challenges and unknowns cryptocurrencies face, and it is still early in the game to determine whether Bitcoin will (or can) become a conventional medium of exchange.

Greg Leonberger, FSA, EA, MAAA, FCA
Partner, Director of Research

Get to Know Greg

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

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