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3232‘Wolf of Wallstreet’ Jordan Belfort Now Bullish on BTC, Says Crypto Asset Will Reach $100,000
https://www.digit.info/wolf-of-wallstreet-jordan-belfort-now-bullish-on-btc-says-crypto-asset-will-reach-100000/
Mon, 22 Mar 2021 16:45:23 +0000https://www.digit.info/2021/03/22/wolf-of-wallstreet-jordan-belfort-now-bullish-on-btc-says-crypto-asset-will-reach-100000/Read more]]>Jordan Belfort, the self-proclaimed “Wolf of Wallstreet” has moved away from his bearish views on bitcoin and now predicts the crypto asset might reach $100,000. Belfort, who has reinvented himself as a motivational speaker and consultant, says bitcoin unlike company stocks is more about “pure supply and demand.” He adds that the crypto asset is […]
]]>UBS: Crypto Has Fundamental Flaw, Bitcoin’s Fixed Supply Could Cause Its Value to Collapse
https://www.digit.info/ubs-crypto-has-fundamental-flaw-bitcoins-fixed-supply-could-cause-its-value-to-collapse/
Mon, 01 Feb 2021 02:30:31 +0000https://www.digit.info/2021/02/01/ubs-crypto-has-fundamental-flaw-bitcoins-fixed-supply-could-cause-its-value-to-collapse/Read more]]>A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could cause the collapse of its value and spending power, making it unattractive to use as a currency, he claims. A UBS Chief Economist Says Bitcoin’s Fixed Supply Is a ‘Fundamental Flaw’ Paul Donovan, Chief Economist […]
]]>Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
https://www.digit.info/former-us-treasury-secretary-larry-summers-says-bitcoin-is-here-to-stay/
Thu, 21 Jan 2021 07:45:52 +0000https://www.digit.info/2021/01/21/former-us-treasury-secretary-larry-summers-says-bitcoin-is-here-to-stay/Read more]]>Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers, who in 2016 became a senior adviser […]