Éric Pichet: «Bitcoin Will Die of Grand Theft»

Pichet, a professor at the Kedge Business School in France, makes a familiar argument that bitcoin is a bubble waiting to burst, just like the tulip mania in the 1600s and the internet bubble of 2000.

Éric Pichet in the French newspaper La Tribune (French) predicts that bitcoin will die of grand theft, a hack into the blockchain technology behind the cryptocurrency, which seems unlikely, or a collective ban by global governments, which perhaps cannot be ruled out.

Eulogy made by Éric Pichet

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Alexander Reed

Editor

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including... Read More

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