Thread regarding Fidelity Investments layoffs

Crypto + 401k = Crazy

Offering crypto in a 401k to people who don't even understanding mutual funds will make for a customer service nightmare. It will take patience that I know I don't have to try and explain crypto to our client base. WTF is Abby thinking? God help us all.

by
| 1920 views | | 10 replies (last )
Post ID: @OP+1hgzGTe2

10 replies (most recent on top)

Crypto = the most ingenious Ponzi scheme ever devised.

by
|
Post ID: @Nlcd+1hgzGTe2

Crypto blows. F-sake Abby, cut the cr-p.

by
|
Post ID: @Mtlf+1hgzGTe2

https://www.barrons.com/amp/articles/fidelity-401k-plan-bitcoin-51659193397

Love that they frame it as Ned is gone, seems like Abby is throwing darts

by
|
Post ID: @Kfyt+1hgzGTe2

Most customers don't understand mutual funds, I would not want to be a phone rep that has to explain crypto to a customer/participant. Personally I don't think it is worth anything.

by
|
Post ID: @nmlj+1hgzGTe2

crypto is fools gold. just as worthless as pyrite. why did this even become a "thing"? Only criminals know how to use "crypto". fascinating that a reputable company would even address a criminal's currency. wtf.

by
|
Post ID: @nidz+1hgzGTe2

nothing wrong with mainframes, that's the horsepower.

by
|
Post ID: @mlck+1hgzGTe2

Had to join the bandwagon and avoid FOMO. She’s lacking some of daddy’s brains. Everyone was afraid to tell her it was a bad idea. Meanwhile they’re still on the mainframe and customers are on hold for hours.

by
|
Post ID: @lkzn+1hgzGTe2

I'd hate to be in the crypto division at Fidelity right now.

by
|
Post ID: @2qeu+1hgzGTe2

Late to the party.

‘The Music Has Stopped’: Crypto Firms Quake as Prices Fall
Crypto companies are laying off staff, freezing withdrawals and trying to stem losses, raising questions about the health of the ecosystem.

https://www.nytimes.com/2022/06/14/technology/crypto-industry-prices-fall.html

by
|
Post ID: @1boy+1hgzGTe2

Bingo. It's going to be a fu----g sh-t storm!

by
|
Post ID: @1xse+1hgzGTe2

Post a reply

: