Bitcoin can be a minefield for investors. In this episode, Warren gives listeners a common sense guide to bitcoin. What is it, should we invest in it, what are the benefits and risks involved in bitcoin and will it replace the rand or dollar?Most importantly, every investor should do adequate research and satisfy themselves that they fully understand the investment they are making. There are benefits to bitcoin, such as making it easy to make payments across borders; and risks such as regulatory risks and governance risks that come from the anonymity inherent in Bitcoin. Make sure that you don’t get scammed by the many websites and people trying to sell you Bitcoin investments, always go through reputable companies. Mentioned in this episode: https://www.linkedin.com/pulse/what-i-really-think-bitcoin-ray-dalio/Disclaimer: Old Mutual Life Assurance Company (South Africa) Limited is a Licensed Financial Service Provider. This material is not intended as and does not constitute financial advice  or any other advice and is neither exhaustive nor prescriptive. It does not take into account your personal financial circumstances. Your financial adviser will assess your financial situation and needs and assist you to draw up a plan to help you achieve your financial goals. The views expressed by the contributor are his or her own (as an independently registered financial services provider, financial adviser or other independent capacity), and not necessarily endorsed by Old Mutual (as a separate financial services provider).Join us on twitter for real conversations about family finances:@FamFinanceShow@DianaGranouxWebsite: www.familyfinanceshow.comSubscribe on your favourite podcast platform:https://podlink.to/FamilyFinanceShow 

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