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Bitcoin Is The Very Definition’ Of A Bubble, Credit Suisse CEO Says
Bloomberg
"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