“Greenspan compares bitcoin to Colonial America currency that eventually became worthless” – CNBC | $11,831.05

Last updated on December 8th, 2017 at 11:10 pm

Former Federal Reserve Chairman Alan Greenspan told CNBC on Wednesday that bitcoin reminds him of currency issued during America’s Colonial past that ultimately proved worthless.

“Humans buy all sorts of things that aren’t worth anything,” Greenspan said. “People gamble in casinos when the odds are against them. It has never stopped anybody.”

Eulogy made by Alan Greenspan

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