| If you believe in Bitcoin, you buy Bitcoin. And if you're wary, you stay away. That's about the simplest way of calculating your investment options when it comes to the world's most infamous speculative bet. Of course, you can join the hordes of Telegram and Reddit groups claiming to understand and predict the twists and turns in the cryptocurrency's price, making you just that much smarter than everyone else. Well done. But there is another option: Invest in stocks of Bitcoin-related companies, including those that supply the "miners" — the computers that solve the complex algorithms that underpin the cryptocurrency network. That is, buy shovels in a gold rush. That could be the dumbest bet of all, though. Read the whole thing. Meghan Markle Strikes a Victory for U.S. Celebrity — Martin Ivens Modi's Plan to Make a Singapore in Gujarat Has Fallen Flat — Andy Mukherjee Bitcoin Rally Sends 3 Signals to Governments — Mohamed A. El-Erian Stop Worrying About Extremely Unlikely Covid Risks — Faye Flam SPAC Investors Don't Love Lucid — Matt Levine The Four Basic Truths of Macroeconomics — Tyler Cowen China's Weaponization of Rare Earths Is Bound to Backfire — David Fickling A Banking Breed Is Heading For Extinction — Elisa Martinuzzi Britain Is Entering a Parallel Universe — Niall Ferguson This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion published this week based on web readership. |
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