Nov 30, 2020

Bitcoin: A New Kind Of Bubble?

Will the Bitcoin bubble be the first in history where the little guys get in early and sophisticated investors arrive late to the party?

Roubini: Bitcoin Has No Role In Portfolios

"Bitcoin has no role in institutional or retail investors portfolios. It is not a currency: not an unit of account, not a scalable means of payment & is a highly volatile store of value. It is heavily manipulated."

-- Nouriel Roubini, economist

The Bitcoin Mania On CNBC

The reason it's so easy for Bitcoin pumpers to fool CNBC anchors into buying into the Bitcoin mania is that their understanding of investments, fiat money, gold, and economics is so limited. CNBC anchors are entertainers. At least sports anchors know something about sports.

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