Barry Silbert Says Bitcoin is Bianary Investment

Barry Silbert, Second Market founder and Bitcoin Investment Trust manager, was recently quoted on Bloomberg as saying that  “Bitcoin is likely a multi year, multi decade type of investment… The outcome is likely binary: you’re either going to lose all of your money or it’s going to be a fantastic return.”.  Silbert’s trust has $65 million under management, so there are a lot of folks who share his sentiments. 

These views of Silbert and his trust investors are shared by enough folks that binary option markets for Bitcoin are beginning to develop, allowing for taking a position on the movement without tying up the related capital.