“From what we can identify, the only reason today to buy or sell bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble,” he said at a news conference in Zurich on Thursday. He added that in the history of finance, such speculation has “rarely led to a happy end.”
Tidjane Thiam, Former CEO, Credit Suisse · Bitcoin since: +818%
As published by Bloomberg
Bitcoin Is The Very Definition’ Of A Bubble, Credit Suisse CEO Says ↗