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Keep bitcoin away from the real economy, says billionaire ‘father of high speed trading’

Posted by Mr.Copper @ 21:00 on November 15, 2017  

Interactive Brokers chairman Thomas Peterffy, who took out a full page ad in The Wall Street Journal to warn about bitcoin, insists he doesn’t hate the cryptocurrency.

Peterffy insists he doesn’t actually oppose trading the cryptocurrency. He just thinks it needs to stay far away from the “real economy.”

 

“Bitcoin has risen by 1,000 percent over the last year. It went from 700 to 7,000 — there is nothing to say it wouldn’t go to 70,0000,” Peterffy said.

https://www.cnbc.com/2017/11/15/thomas-peterffy-keep-bitcoin-away-from-the-real-economy.html

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.