And many world-renowned experts have warned investors: beware of the adverse consequences of bitcoin, a virtual currency. Here are some wise ideas to condemn the dangers of Bitcoin:
Jamie Damon, CEO and president of Bank of JPMorgan Chase, believes that Bitcoin is a "fraud" bomb that will eventually explode. ?
but
Ray Daglio, the founder of one of the largest hedge funds in the world, pointed out that Bitcoin is a bubble. On September 20th, new york Bridgewater Investment Company (Bridgewater).
Ray Daglio, founder of Associates, said he was not optimistic about Bitcoin.
Daglio said on the financial talk show of American Consumer News and Business Channel News: "Now, you can't do many transactions with Bitcoin, and you can't easily spend it as money. Bitcoin is not a good way to store wealth.
Type, because it is different from gold and fluctuates greatly. Bitcoin is a very speculative market and a bubble. "
Daglio also said that an effective currency should have two important conditions: first,
As a medium of exchange, one is to facilitate transactions, and the other is to be an effective storage form of wealth. He said: "Bitcoin can become a currency, which is ridiculous. Conceptually operational, but increasingly speculative.
Simple quantities are not enough. "According to Daglio's website, the company currently manages about $654.38+06 billion in assets. A week before Daglio's negative comments on Bitcoin, JPMorgan Chase CEO Jay.
Mi Dimon rebuked Bitcoin as a kind of "fraud". He gave a speech on American consumer news and business channel TV and institutional investor magazine.
According to the Alpha Forum, "Bitcoin is not real, and it will eventually be shut down."
Peter Schiff is the CEO of EuroPacific Capital and a best-selling author. He thinks bitcoin is fool's gold.
Hugo Salinas Price, a very successful businessman in Mexico, encouraged the government to accept silver as legal tender. He believes that Bitcoin will become a tragic history caused by large-scale speculation.
A former CIA anti-terrorism analyst said that terrorists are using innovative technologies to raise funds, one of which is using Bitcoin. He said that this is the first terrorist organization to publicly use Bitcoin.
Generally speaking, blind lovers of Bitcoin should follow the advice of successful people on Wall Street: no one is more blind than those who refuse to face Bitcoin.
No matter in which country, Bitcoin does not need to develop in large quantities, because it will affect human society.