UBS: Bitcoin Is Too “Unstable and Limited” to Function as Money

Author: Muyao Shen

Last Updated: 02 August 2018

UBS doesn’t believe bitcoin constitutes money or a viable asset class yet, but it could in the future.

Top brokers for buying and trading cryptocurrencies

Platform
Features
Rating
Visit Site

US-Friendly
Paypal accepted
12+ cryptocurrencies

4.5/5

Visit Site

75% of retail investors lose money.

eToro Reviews

https://insidebitcoins.com/visit/etoro-newsCreate your account

Best broker for non-US countries
Trade crypto CFDs, forex and stocks
No withdrawal or deposit fees

4.5/5

Visit Site

80.5% of retail investors lose money.

Plus500 Reviews

https://insidebitcoins.com/visit/plus500-newsCreate your account

Remember, all trading carries risk. Past performance is no guarantee of future results.

Article Info

Author: Muyao Shen

Last Updated: 02 August 2018

.author.bio_outer{float:left;width:100%;border:1px solid #ededed;padding:20px 20px;margin-top:20px;}.author_image{float:left;width:13%;margin-right:20px;}.author_des{float:left;width:83%;}.author_des h2{margin:0;font-size:20px;font-weight:600;line-height:25px;padding-bottom:5px;}.author_des p{font-size:13px;}.author_image img{margin:0;}.author_social a{color:#333;display:inline-block;margin:0 5px;font-size:17px;}.author_social a:hover{color:#45629f;}@media only screen and (max-width: 767px){.author_image{width:100%;margin-right:0;text-align:center;}.author_image img{margin:0;width:100px;}.author_des{width:100%;text-align:center;margin-top:10px;}.author.bio_outer{padding:15px 15px;}}