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

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

6 years ago
Anonymous $qrGo_Xv_Cm

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.

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

Jun 5, 2018, 3:06pm UTC
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.