Bitcoin mania "just like the Dutch tulip bubble," says hedge fund boss

[ad_1]

The head of the world’s largest hedge fund dismisses Bitcoin and other cryptocurrencies as “no intrinsic value” – but they’re good for trading

By Tom Harmsworth for the Daily Mail

Released: 5:11 PM EDT, July 26, 2021 | Updated: 8:32 am EDT, July 27, 2021

The head of the world’s largest hedge fund has dismissed Bitcoin and other crypto currencies as “not valuable”.

Luke Ellis, CEO of Man Group, compared the digital currency craze to the 17th century tulip rush, when the value of lightbulbs soared and then crashed.

Bitcoin mania “just like the Dutch tulip bubble,” says hedge fund boss

Top 5 Tools To Embed Medium Blogs On Any Website

4 Ways You Can Expand Your Business

Does Your Business Need a Website and What Should You Include On It

Bitcoin mania “just like the Dutch tulip bubble,” says hedge fund boss

RELATED POSTS

Top 5 Tools To Embed Medium Blogs On Any Website

4 Ways You Can Expand Your Business

Does Your Business Need a Website and What Should You Include On It

The head of the world’s largest hedge fund dismisses Bitcoin and other cryptocurrencies as “no intrinsic value” – but they’re good for trading