[2014-06-12] WSJ: Bitcoin's Place in Wealth Management

[bitbouillion]

http://online.wsj.com/articles/vonnegut-bitcoins-place-in-wealth-management-1402580519

Can somebody look behind their paywall?

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[wastedbit]

Opinion piece......You should hold some mobile wealth because you  might need to send money overseas in middle of night (like to your kid, or business reason).  Piece of Mind = Cost of Volatity....

Author is financial adviser and says this happens with bigger clients.  Also discloses that he owns coins.

[bitbouillion]

Opinion piece......You should hold some mobile wealth because you  might need to send money overseas in middle of night

Thanks, this it was Marc Farber also said recently: You cant flee to Hong Kong with 10 Kilograms of gold (~half a million $$$) in a suitcase easily, but "with" bitcoins - no problem.

[Chef Ramsay]

Opinion piece......You should hold some mobile wealth because you  might need to send money overseas in middle of night

Thanks, this it was Marc Farber also said recently: You cant flee to Hong Kong with 10 Kilograms of gold (~half a million $$$) in a suitcase easily, but "with" bitcoins - no problem.

Yeah because customs would likely confiscate those metals but I imagine the big time metalheads will keep their loads buried and then ride out a terrible period. I like to stay mobile and flexible should the police state manifest itself even more so.

[wastedbit]

Sorry, but by "mobile", I meant the ability to send coins\money outside of bank hours.  Send coins and they can convert locally with changers.  Quotes attorney who says "Any strategy that relies on secrecy is a failure"...use reputable sites...