• Alibaba's Jack Ma: Bitcoin Is ‘Likely a Bubble'

    8 monthes ago - By Fortune

    Alibaba's chairman Jack Ma says that the company is betting on blockchain, but advises against investing in Bitcoin. Ma is the controlling shareholder in Ant Financial, the financial-technology affiliate of Alibaba.
    Speaking at a launch event for a new online-payment service for real-time cash transfers between Hong Kong and the Phillippines, Ma told reports "Technology itself isn't the bubble, but bitcoin likely is," The Wall Street Journal reports .
    Bitcoin was the first use-case for blockchain technology; however, now it has a number of other use cases, including Ant Financial's new...
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  • Invest in liquid alternatives like FX or healthcare, financial stocks, says David Spika

    8 monthes ago - By Reuters

    GuideStone Capital Management's president tells Reuters' Fred Katayama that investors should only expect mid-single digit returns over the next few years in a tightening environment.
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