$6 TRILLION INVESTMENT CHIEF: Bitcoin is a bubble

Business Insider executive editor Sara Silverstein speaks with Richard Turnill, global chief investment strategist at BlackRock, which oversees $6 trillion. He says that while he thinks blockchain technology will be adopted more over time, but that doesn't mean that cryptocurrencies should keep going higher and higher. He says they show a lot of the characteristics of a bubble. Lastly, he argues that bitcoin has no fair value right now, which is why he doesn't own...

View more

From: Business Insider

Related topics : bitcoin business insider

RAY DALIO: Bitcoin is a speculative bubble

Business Insider CEO Henry Blodget sat down with Ray Dalio, the chairman and co-CIO of Bridgewater Associates and author of the newly released book "Principles: Life and Work."

Blodget asks Dalio about Jamie Dimon's recent comments referring to bitcoin as a fraud. Dalio says bitcoin is not an effective medium of exchange, calls the currency a speculative bubble, and says even the privacy aspect will be stress tested.

--------------------------------------------------

Follow BI Video on...

View more

From: Business Insider

Related topics : bitcoin business insider

Back top

*Business Insider - Mainstream News/Governments - Insider Trading Bitcoin?!

ME Address/donations heartily welcomed : 165EKHw3CLR5Zeny6RGpvG3PSKNv3RJoYi

Google Trends:

https://www.google.com/trends/explore...

Required reading from Satoshi:

https://bitcoin.org/bitcoin.pdf

Coinbase Affiliate

Help grow the bitcoin community and earn free bitcoin.

https://www.coinbase.com/join/57f7ca5...

Nitrogen Sports: The Future of Sports Betting - (I've lost more bitcoin than I've won, but enjoy playing blackjack and parlaying on UFC(as of now)) - If you know a lot about a sport or...

View more

From: Bitcoin Globe

Related topics : earn free bitcoins ??? / bitcoin trends google / join bitcoin free / bitcoin business insider

Back top