â€śIf youâ€™re stupid enough to buy Bitcoin, youâ€™ll pay the price for it one day.â€ť —Â Jamie Dimon, CEO, J.P. Morgan Chase
“Bitcoin should be outlawed. It serves no socially useful function. It’s a bubble and when the government starts regulating it, it will collapse.” —Â Joseph Stiglitz, Columbia University
Famous last words!
Like many of you, Iâ€™ve been following and even investing from time to time in Bitcoin, the premier digital currency that is making all the headlines.
Its price just cleared $10,000 this week, but with tremendous volatility. The digital currency has fallen in half several times on its way to new highs, but clearly there is a lot of speculative fever in the cryptocurrency mania.
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