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Bitcoin — Digital Fools Gold?


Bitcoin Digital Fools Gold?
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Chip Wood
Tech companies, flush with cash, are investing in the cryptocurrency: Starting with 
Elon Musk-led Tesla (NASDAQ:TSLA) to the tune of $1.5 billion, and Larry Ellison’s Oracle ( NYSE:ORCL ) may be next.
Financial institutions, such as Mellon Bank, are signing up and Bank of America (NYSE:BAC) might be next.
Online commerce sites, such as Square (NYSE:SQ) and PayPal (NASDAQ:PYPL), are on board. Apple Wallet may soon follow suit.
Then, there’s the fear of being left behind. As 
Brett Messing, president and COO of SkyBridge, stated, “Cash is going from an asset to a liability.” ....

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