Frank Holmes, chief executive of U.S. Global Investors, the enterprise mostly about investing in natural resources and emerging markets, told his own views on Bitcoin to CNBC, and one can detect a major shift of how some institutional investors now view cryptocurrency in comparison to Jamie Dimon’s infamous “fraud” characterization.
When answering to the question about consumer protection issues, he replied that this reminds him of the 1990s Internet. But
Bitcoin, while it does have some issues, has attracted so much people to the power of blockchain that it cannot be called bad, Mr. Holmes insists. He compares this situation to how e-mail services have woken up everybody to the...
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