re: I hope ya'll got into Bitcoin at $19,000

quote:

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If you don't know what bitcoin is you've got no business telling a client what you think it is, and if you can't value it, how can you recommend a client buy it or sell it?

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none of that was implied by my gripe or follow-up question

quote:

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Yes. I've only had one person ever ask. I told him that we are an investment firm. We are highly regulated for investor protection. Something bitcoin isn't by design

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Sounds like a reasonable response.

quote:

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Same here. We actually issued a white paper on crypto currencies for clients who are interested, but it's clearly speculative and unregulated, and we don't dabble with anything unregulated.

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Sounds like a reasonable response.


To tie this back to the original remark around the midpoint of page 1... the dude Wooly (with the UW logo) said he was tired of the question being asked and he hoped it goes to zero. My point was frick that lazy-arse response... it is HIS JOB to give answers like #2 and #3 (just above here) from slackster and Broke... not to be pissed off at the question itself