Most bitcoin investors don’t have a tax-free savings account or pension, and are far more unwilling to lose money on their investment than the volatility in crypto assets would suggest they should, according to new research.
Tesla's disclosure that it has purchased $1.5 billion of bitcoin has had the effect of sending the estimated electricity consumption of the cryptocurrency to new levels.
‘We had been planning on eventually purchasing a home together, so the plan was that he would put his inheritance in a savings account for the eventual down payment on the home.’