Fixed Index Annuities and Bitcoin – A Dose Of Reality In A World Of Unknowns
With the recent uncertainty around bitcoin in general and Mt.Gox (the biggest bitcoin exchange) in particular, we felt this was an apt time to reiterate a few of the points we have made in recent months regarding Fixed Index Annuities (FIAs). For those not familiar, bitcoin is a virtual currency that can be used as payment for certain transactions and is traded on various exchanges. According to their site bitcoin “uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the...
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