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Author Topic: Credit Suisse CEO Tidjane Thiam gives a discouraging reply to Bitcoiners.  (Read 40 times)
Stedsm
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November 04, 2017, 02:58:55 PM
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As and when Bitcoins marked its latest all time high near 7500, it looks like too much ado is being conformed in the hearts of many people who turned insane critics to start speaking some real "heavy", nonsensical words for Bitcoins. One of the very recent examples is CEO of Credit Suisse who thinks that Bitcoin Is The “Very Definition of a Bubble”. Check the whole statement below:

“From what we can identify, the only reason today to buy or sell Bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble.” and added, “Bitcoin presents a number of challenges. The first of them is really the anonymity. (…) I think most banks in the current state of regulation have little or no appetite to get involved in a currency which has such anti-money laundering challenges."

Source for above statements: https://www.cryptocoinsnews.com/credit-suisse-ceo-bitcoin-is-the-very-definition-of-a-bubble/

Guys, this is becoming an open wildfire competition among many companies' CEOs and they are giving different replies to Bitcoins after CME group announced that they will be launching Bitcoin futures. What do you think where are we heading now? Which one of these will be proved to be correct?

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