The move also opens up another way for people looking to invest in bitcoin – via ownership of Tesla stock. The stories circulated over the last few months about the people who may technically be millionaires but are locked out of their gains due to lost passwords, illuminated some of the difficulties of assets secured with cryptography.
This is one of the main tradeoffs for bitcoin: It may be a clever system, valuable, and groundbreaking, but it also has a learning curve. There are platforms that make investing easier, but bitcoin evangelist and Fundstrat founder Tom Lee points to companies like Tesla as another option. If you don’t want to own bitcoin, you can buy a stock instead to get exposure.
Bitcoin has risen 32% so far this year and over…
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