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Kevin O'Leary explains one big thing people don't understand about bitcoin (but need to) With the recent frenzy around the staggering rise in the price of bitcoin, which briefly reached a high of $19,340 trading on the Coinbase exchange on Thursday, "Shark Tank" star and investor Kevin O'Leary wants to make one thing about the cryptocurrency crystal clear. It isn't a currency. It's just too ...
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Bitcoin "In No Way a Currency," According to Bank of France The governor iterated that, "[It] is in no way a currency or even a cryptocurrency." Expressing that it is a speculative asset, he went on to remind those present that it does not have any economic basis, and its extreme instability and theoretical value are entirely self-contained. Villeroy made it clear that the ...
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