“Bubble, Ponzi, An Environmental Disaster”: Central Banking Chief Blasts Bitcoin While Global Stock Market Loses Trillions


The post “Bubble, Ponzi, An Environmental Disaster”: Central Banking Chief Blasts Bitcoin While Global Stock Market Loses Trillions appeared first on CCN

The global stock market has lost an estimated $4 trillion over the course of the past eight days, leaving investors running to gold and other alternative investments to stem the bleeding in their portfolios. Against this backdrop, Agustin Carstens — general manager of the Bank for International Settlements (BIS), nicknamed the “central banks’ central bank”

The post “Bubble, Ponzi, An Environmental Disaster”: Central Banking Chief Blasts Bitcoin While Global Stock Market Loses Trillions appeared first on CCN

Posted by Josiah Wilmoth on February 6, 2018 @ https://www.ccn.com/a-bubble-a-ponzi-scheme-and-an-environmental-disaster-banking-chief-blasts-bitcoin-as-stock-market-loses-trillions/

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