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Privacy Policy. Related Tags. Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. Autos read more. Skip Navigation. We want to hear from you. Bitcoin is "going to disrupt money just like voice-over IP" took away the dominance of giant telecommunications companies on communication, he said. In a note Lee said his firm considers bitcoin's fluctuating prices, "very healthy given the strength of the gains seen in In contrast, Morehead said that in a blockchain-based world, the protocols such as bitcoin take 95 percent of the earnings, while the "application," such as the digital currency exchanges, take a smaller share of the profits. By using this website, you agree to our Terms and Conditions and Privacy Policy. Sign up for free newsletters and get more CNBC delivered to your inbox. Lee was chief equity strategist at JPMorgan before co-founding Fundstrat in Popular searches bitcoin , ethereum , bitcoin cash , litecoin , neo , ripple , coinbase. VOIP, or voice over internet protocol, is the technology that allows real-time voice calls over the internet. But stocks would be trading at a massive discount without them.
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Why do we have the penny? Wealth manager: News Update - The Look Ahead. VIDEO 1: Rates are hitting their lowest level in more than two years, and this stock is reaping the benefits. Trending Now. Europe News read more. Skip Navigation. Initial jobless claims less than expected showing strength in job market. Lee was chief equity strategist at JPMorgan before co-founding Fundstrat in CNBC Newsletters. Dan Morehead was addressing portfolio managers and asset allocators at the Sohn investment conference in San Francisco He said bitcoin is "essentially going to revolutionize currency, or money," similar to how certain protocols created the internet as it exists today Crypocurrencies take the lion's share of the industry profits, compared with digital-token exchanges, he noted.
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