What CFOs Say About Bitcoin

posted on

< 1 min

Ninety-seven CFOs were asked, by CNBC, what they thought about bitcoin. Only 43 responded and almost 30% of them said “is real but in a bubble”. Then, another 14% said bitcoin “is real and still going higher”. 27.9% said the most famous cryptocurrency is a “fraud”. 30% of CFOs said they don’t know enough about it to have an opinion.
41.7% of the finance chiefs based in Europe, Africa, and the Middle East said, “bitcoin is real but in a bubble”. Only the 20% in the US said the same thing. 33% of these executives in EMEA, said it’s a “fraud”.

It’s not a currency we are using for a multibillion dollar business…it’s something we are curious about, we are very very open to, but we haven’t found a way to really integrate it into our business”, Karim Hajjar, chief financial officer of Solvay, told CNBC.

Bitcoin hit an all-time high on Sunday, breaking above the $8,000 mark for the first time ever, surprising everyone. The price of the cryptocurrency is up over 700% this year.
[cta_en link=”http://bit.ly/2uF1uYS” name=”Trade now”][/cta_en]

general risk warning

CFDs are complex instruments and entail a high risk of losing money rapidly due to leverage.

83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

NOTE: This article is not an investment advice. Any references to historical price movements or levels are informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future. Information regarding past performance is not a reliable indicator of future performance. Forecasts are not a reliable indicator of future performance. In accordance with European Securities and Markets Authority's (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.


you may also like