Jim Chanos says cryptocurrency is ‘masquerading as a technological breakthrough’

Jim Chanos says cryptocurrency is ‘masquerading as a technological breakthrough’

6 years ago
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https://www.cnbc.com/2018/06/05/jim-chanos-challenges-legitimacy-of-cryptocurrency.html

Jim Chanos, who predicted the fall of Enron, has serious doubts about the legitimacy of bitcoin.

"This is simply a security speculation game masquerading as a technological breakthrough in monetary policy," Chanos in an interview with the Institute for New Economic Thinking published this week.