Israel’s Prime Minister Asks the Question: Can Bitcoin Destroy Banks?

On December 12, Prime Minister Benjamin Netanyahu openly commented on the future of banking, seen through a youtube video.
Venezuela’s Fiat Currency is Declining Rapidly and Bitcoin is Taking Over

Venezuela’s Fiat Currency is Declining Rapidly and Bitcoin is Taking Over

Years of hyperinflation of the Venezuelan bolivar has made the currency nearly unusable.

Bitcoin is a “Highly Speculative Asset”, Says Federal Reserve’s Yellen

In her final press conference as Fed Reserve Chair, Janet Yellen called bitcoin “a highly speculative asset” that “doesn’t constitute legal tender.

This Russian Presidential Candidate Wants to Legalize Bitcoin

Boris Titov, a Russian businessman/ombudsman and bitcoin advocate, recently revealed he will participate in the presidential elections in 2018.

Bitcoin is Riding a “Speculative Mania”, Says Australia’s Central Bank Chief

The global fascination with bitcoin “feels like a speculative mania”, the governor of Australia’s central bank said on Wednesday.

‘I Remain Highly Skeptical’: Jamie Dimon Breaks Silence on Bitcoin as Futures Launch

JPMorgan CEO Jamie Dimon is famous for his bombastic bitcoin bashing, but the vocal bitcoin critic had been largely silent on the flagship cryptocurrency over the course of the past two months.
Bitcoin’s Dark Secret

Bitcoin’s Dark Secret

This is an opinion.

Goldbug Ron Paul ‘Surprised’ His Followers Prefer Bitcoin to Gold

Former Republican Congressman and gold standard advocate Ron Paul said that he was “surprised” to learn that more than half of his Twitter followers would rather invest in bitcoin than gold.

Bitcoin and the Quantity Theory of Money – Why Bitcoin is Undervalued

If you were awake in your college economics class you might recall Milton Friedman’s classic theory: The quantity theory of money.

Bitcoin? Not For Me: Alibaba Founder Jack Ma

Chinese business magnate Jack Ma is confused by bitcoin and is not interested in learning more about the emerging cryptocurrency asset class, even though his company is pouring significant resources into blockchain development.

Novogratz: Governments Won’t Be Able To Muzzle Bitcoin

Bitcoin’s rising price brings the prospect of increased government scrutiny, but governments aren’t going to have an easy time regulating bitcoin, Michael Novogratz, CEO of Galaxy Investment Partners, told CNBC in a recent “Power Lunch” interview.

Yahoo Co-Founder Jerry Yang is a Believer in Bitcoin as Currency

Yahoo co-founder believes digital currencies will play a significant role in the future of society, even though bitcoin isn’t “quite there yet”.

Bitcoin ‘Not a Rational Currency,” Doesn’t Mean It’s Worthless: Ex-Fed Chair Greenspan

Former Federal Reserve Chairman Alan Greenspan said that bitcoin bears many similarities to the Continental dollars that the American Congress printed during the War for Independence to finance the war against Great Britain.
Bitcoin Price Mimicking Trajectory of Silver in 1970s: Legendary Trader

Bitcoin Price Mimicking Trajectory of Silver in 1970s: Legendary Trader

Legendary trader Mark Fisher sees similarities between the dramatic ascent of the bitcoin price and the trajectory that the silver price took during the 1970s.

NYSE Owner: We Aren’t Rushing Toward Bitcoin, Yet

The owner of the world’s largest stock exchange does not believe it is wise to race to be the first U.

China’s Central Bank Believes Bitcoin will be Dead in a River

A People’s Bank of China (PBoC) official has stated that he thinks bitcoin will end up floating down a river as a dead body.

NEO Founder: Bitcoin May Be A Bubble, But So What?

Bitcoin may be a bubble, but that isn’t worrying Da Hong Fei, founder of NEO, the 12th largest cryptocurrency with a market capitalization of $160.

PayPal Co-Founder Max Levchin is ‘Still Trying to Figure Out’ Bitcoin

Max Levchin, a co-founder of major payments giant PayPal, isn’t sure bitcoin is a certain bet despite being a big believer in blockchain technology.

Bitcoin ‘Looks Like a Bubble’, We’ll Be ‘Friendly’ to ICOs: Israel Securities Regulator

The chairman of the Israel Securities Authority joins the bandwagon of critics calling bitcoin a ‘bubble’.

Bitcoin Price Will Hit $20,000 Before Tanking: Financial Expert

Michael Spencer, CEO of NEX Group Plc, a London financial expert, sees bitcoin’s price reaching $20,000 before reversing steeply, joining the cadre of financial leaders who claim bitcoin is a bubble, Spencer told Bloomberg TV’s Guy Johnson in London that he has no idea if bitcoin’s price will double before it halves, but said it could hit $20,000 “pretty damn quickly.

John McAfee Bullish on Bitcoin Price Reaching $1 Million by 2020

Cybersecurity pioneer and eclectic personality John McAfee raised his 2020 bitcoin price target to $1 million, and his bet will undoubtedly leave even the most ardent bitcoin skeptic praying that he’s right.

Nobel Economists Don’t Like Bitcoin Because it Disrupts Traditional Finance

Share Over the past week, Nobel laureates Joseph Stiglitz and Robert J.

As Bitcoin Tops $11,000, Hedge Fund Leader Ken Griffin Joins the Bubble Brigade

Share Every bitcoin milestone brings more stone throwers.

Billionaire Investor Carl Icahn Weights in on Bitcoin: “Seems Like a Bubble”

Share Recently, bitcoin hit a new all-time high above $11,000 before its price corrected, and subsequently started clawing back to $10,000.

Nobel Laureate Economist Predicts a Bitcoin Crash “Won’t Go to Zero, It Will Just Come Down”

As covered by CCN, Nobel prize-winning economist Joseph Stiglitz recently stated that bitcoin should be outlawed during a Bloomberg television interview. Just one day after, another Nobel laureate, Robert J. Shiller, shared his view on bitcoin: that it will crash in an event similar to the U.S. stock market crash that preceded the great depression. While Joseph Stiglitz believes the cryptocurrency should be outlawed because it “doesn’t serve any socially useful function” and that its popularity comes from the “potential for circumvention, lack of oversight,” Robert J.