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.
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Crypto = the most ingenious Ponzi scheme ever devised.
Crypto blows. F-sake Abby, cut the cr-p.
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
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.
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.
nothing wrong with mainframes, that's the horsepower.
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.
I'd hate to be in the crypto division at Fidelity right now.
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
Bingo. It's going to be a fu----g sh-t storm!