Bitcoin Is Dead

July 25, 2017
Bitcoin Price: $2591.22

HOWARD MARKS SOUNDS THE ALARM ON TECH, CRYPTOCURRENCIES AND PRIVATE EQUITY

Digital currencies are nothing but an unfounded fad (or perhaps even a pyramid scheme), based on a willingness to ascribe value to something that has little or none beyond what people will pay for it…nobody has been able to make sense to me of these currencies.

Investor


Source: Bloomberg