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Old 01-28-2018, 01:06 PM
Pokesan Pokesan is offline
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Bank of Canada boss says bitcoin is GAMBLING and NOT an investment

https://www.express.co.uk/finance/ci...-Canada-dollar

Quote:
But Mr Poloz issued a stark warning to cryptocurrency investors. He said: “A lot of words have been used but I think the main thing is, buyers should be aware it is much closer to gambling than investing.”
Quote:
He said bitcoin has no intrinsic value, therefore it would not be classed as an asset and is instead “speculative or gambling”.
Quote:
Mr Poloz also outlined his plans for the Bank of Canada’s own digital currency. He said: “All the major banks have active research agendas on this.”
Quote:
But Mr Poloz said he does not think bitcoin will be part of a digital currency of central banks.
 


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