South Carolina Business Review

The November election and crypto

By Mike Switzer

Published August 20, 2024 at 6:30 AM EDT

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Allen Gillespie, chartered financial analyst and chief investment officer for Fintrust Capital Advisors in Greenville, S.C.

We’ve been hearing a lot lately about how the November election may affect the value of Bitcoin and other cryptocurrencies. But first of all, is a cryptocurrency an actual investment or simply a speculative vehicle? And can a Republican or Democratic administration really affect its value? Mike Switzer interviews Allen Gillespie, a chartered financial analyst and chief investment officer for Fintrust Capital Advisors in Greenville, S.C.

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Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

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