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The true value of cryptocurrencies

There is a weekly newspaper in the small city where I live that covers all the local comings and goings. On the last page of the paper is a section called “The Rant.”

It’s a place for people to unload about everything that pisses them off. People rant about everything from a lack of parking downtown to the person in front of them at Starbucks with their face buried in their phone when it’s time to order.

“You, mid-20’s guy in a blue check shirt in front of me at Starbucks Wednesday morning around 8 am. Stop playing Clash of Clans on your iPhone while listening to Nickelback, and order your Double Ristretto Venti Half-Soy Nonfat Decaf Organic Chocolate Brownie Iced Vanilla Double-Shot Gingerbread Frappuccino. Some of us actually have to work for a living.”

Most ranters want to blow off steam, but some people want to help others make wiser choices in the future — which brings me to my own rant.

I’ve seen enough cryptocurrency stories over the last few weeks to last me a lifetime, especially about Bitcoin. Bitcoin is not a store of value, and it’s not a reasonable investment candidate. You’ve been warned!

Landon Whaley

Landon Whaley is the Founder and CEO of Whaley Capital Group. Mr. Whaley launched Whaley Capital Group in the aftermath of the 2008 Financial Crisis because he wanted to provide real value and a unique client experience in an otherwise highly commoditized industry. Whaley Capital Group delivers on this mission by following a rigorous investment strategy that is committed to a global macro-style of investing, while simultaneously providing a world-class, boutique-style client experience. You can contact Landon at: landon@whaleycapitalgroup.com