Chestnut Ridge Financial Expert Predicts Lackuster Interest in Bitcoin by Retailers

The turbulent Bitcoin cryptocurrency has speculators trading it back and forth, but one local financial expert thinks retailers will be hesitant to buy in. With such volatility, Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says it’s hard to predict the currency’s value from one day to the next…

Audio: Ken Mahoney

Experts say Bitcoin is still a very small market in the context of the larger financial world, but it has had a huge year, and could be a force to be reckoned with in the future.

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