Bitcoin Is Still YoungThe original cryptocurrency is still young, having been created in 2009 by the pseudonymous Satoshi Nakamoto. The real-world identity of Nakamoto remains unknown. Despite notable growth—and popularity—since its inception, Bitcoin is very different from traditional securities in a number of ways. Q4 2021 hedge fund letters, conferences and more A common critique of Bitcoin, when compared to traditional securities, is its high degree of volatility. In the world of stock trading, markets are generally calm. Yet with Bitcoin, 30% price plunges are known to occur in periods of…

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