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Author Topic: [2017-05-30] CNBC Analyst: Bitcoin Can ‘Ease Strained Global Financial System’  (Read 2391 times)
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May 30, 2017, 04:33:47 PM

CNBC Analyst: Bitcoin Can ‘Ease Strained Global Financial System’

In an article which strongly contrasted with the news resource’s tone last week, CNBC quotes Taurus Wealth Advisors executive director Michael Preiss, who is bullish on Bitcoin’s future.

“Bitcoin’s market capitalization overtook Deutsche Bank just as of last week, so that shows you how to some extent the world and things are changing,” he told its Capital Connection show Tuesday.

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May 30, 2017, 04:47:46 PM

At least this time, the analyst did not say any negative things about the bitcoin bubble. Smiley. Without reading the article, I say that I agree with him to an extent. Globally, from Asia to Africa, the general public has now found bitcoin as save haven as a investment, store of value and even a ways to earn money to help them alleviate their financial woes specially people in the third world.

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