A safe way to preserve your wealth?
In 2013, Levon Barker was part of a small operation that mined a dozen Bitcoins. By the following year, he had sold his coins for a small profit, and his partner’s coins had been stolen in a $450 million raid on Mt. Gox, one of the world’s leading Bitcoin exchanges of the time.
Today, Levon is a US and Canadian Equity Portfolio Manager and Research Analyst at Cumberland and remains a close observer of the evolution of crypto assets. He recently shared his considerable insight on the topic in a presentation to clients and friends of Cumberland. He addressed issues such as:
- Do crypto assets contain value, like stocks or commodities?
- How do they work and why?
- Can they be trusted despite the risks of theft, loss and fraud?
- Should crypto assets be used to preserve your wealth?
Levon covers these topics and more in a manner that is clear and accessible, even for those who are new to this fast-changing space.
If you would like to view his presentation and the Q&A that followed, please send us a note requesting a link to the recording.