Bitcoin Is the ‘Very Definition’ of a Bubble, Credit Suisse CEO Says – Bloomberg | $6,533.72

Last updated on November 3rd, 2017 at 05:53 pm

“From what we can identify, the only reason today to buy or sell bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble,” he said at a news conference in Zurich Thursday. He added that in the history of finance, such speculation has “rarely led to a happy end.”

Eulogy made by Tidjane Thiam

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