is still in his mid 40s and may well build change the world in other ways, i certainly wouldn t bet against that. as for twitter, investors clearly want more money and they want to monetise the platform in a more successful way. jack dorsey has turned the tide in that area over recent months but the new increase new chief executive to increase and make more money. make them more money. it is a question often asked in business. what s in a name? well a lot money for an obscure crypto currency named omicron which has seen its value soar in recent days gaining ten fold in value over the weekend. it is unclear when it was created though. if you look, it would seem it was created sometime in november. joining me now is fahad kamal cheif investment officer at kleinwort hambros. this is just obscure, this isjust obscure, isn t this is just obscure, isn t it? why necessarily, a cryptocurrency with the name of
it not highlight again how volatile and risky cryptocurrencies can be? fit cryptocurrencies can be? of course. cryptocurrencies can be? qt course. and in fact if anything, one of the great arguments of cryptocurrencies has been that there is a great diversify. what we saw on friday with the leading cryptocurrency bitcoin is that it actually fell about 10% in value. taking a huge chunk out of that argument of diversification. clearly it sold offjust when we wanted it to do well and hold its value. something that bold incidentally did and it is funny because gold is often considered the obsolete version that the cryptocurrencies are trying to replace. ht that the cryptocurrencies are trying to replace. trying to replace. it is interesting, - trying to replace. it is interesting, isn t - trying to replace. it is interesting, isn t it? i trying to replace. it is i interesting, isn t it? and trying to replace. it is - interesting, isn t it? and give us your take on how you feel markets wi
more now on the restrictions that come into effect this morning in england which its hoped will reduce the spread of the new coronavirus variant, omicron. it is now mandatory to wear face coverings on public transport and in shops, but not in hospitality venues. isolation rules have also returned for travellers coming into the uk, until they receive a negative pcr test. also all contacts of suspected omicron cases will be contacted by nhs test and trace and required to self isolate for ten days, regardless of your vaccination status to talk through the impact on businesses i m joined by dr roger barker, director of policy at the institute of directors.