Posts tagged tom powell bitcoin
The Digital Currency Industry - Bubble-flavored Bitcoins

Bitcoin and other cryptocurrencies have reached what I’ll call some “legitimacy checkpoints” that have reignited conversation around Bitcoin and whether it’s a smart investment. Believers see cryptocurrencies as a new asset class like stocks or bonds, while skeptics do not see the cryptocurrencies as real money because there’s no reputable way to set value--they aren’t backed by anything like gold (but hey, neither is the U.S. dollar). Leading investors Warren Buffett, Dan Gilbert and other financial veterans recently turned up the volume on their resounding skepticism. Bitcoin bubble

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