Co-founder of Wikipedia Jimmy Wales: cryptocurrency bubble that will soon burst
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co-Founder of Wikipedia, Jimmy Wales — known critic of digital coins and related technologies. At the end of last year, he called a large part of the fraud and the ICO warned users from this type of investment. Now the entrepreneur said that cryptocurrencies, including Bitcoin, absolutely are a bubble. It quotes .
theWhat is the Bitcoin version of Wikipedia co-founder
Wales made a statement during the blockchain conference BlockShow of Europe 2018. In his opinion, digital money have all the signs of a bubble that will soon burst.
Right now we are in a bubble, and kittrel is in it with absolute precision. I don't think there are many people willing to argue with this statement.
a significant role in inflating the bubble play media, added Wales. Often their predictions did not coincide with the real future that awaits cryptocurrency, he said.
the Bubble will burst. The problem is that nobody knows when that happen.
the co-founder of Wikipedia has at least one enemy — the co-founder of Bitcoin Foundation Jon Matonis. In April, he said that Bitcoin will become the needle that will pierce the bubble in the securities market and bonds, artificially inflated by Central Banks. Agree with him the founder of Tetras Capital and a former economist at Goldman Sachs Brendan Bernstein.
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