Hedge Funds Have Tasted Of The Bitcoin, And It Is Good

(Dealbreaker.com) The prevailing wisdom is that hedge funds aren’t touching bitcoin. Sure, there are a few special funds devoted solely to cryptocurrencies, but managers outside this group can’t get over bitcoin’s many foibles: its volatility, its insecurity, the risk of getting hacked, the prevalence of fraud, even its sheer novelty. “To be honest, I just don’t know enough about it,” a 16-year hedge fund veteran told CNBC last week – anonymously, of course. But that perception might be off…..

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