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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (5293)12/14/2017 4:36:00 PM
From: zzpat1 Recommendation

Recommended By
Kirk ©

  Respond to of 26931
 
I checked with global central bankers and they all say the same thing (kinda) with Britain and Canada more open to bitcoin or other forms of cyber currency. Dimon at JP Morgan has been all the place but mostly against it but the bitcoin websites say he calls it the new gold. Kinda funny. He may provide it to his clients but thinks it's a fraud.

When it crashes, $250 billion dollars will we wiped out. Not a housing bubble yet but it's not something central banks can ignore either. Russia which was against it now is creating a CryptoRuble (two pieces of junk).

Blockchain seems to have a very small market outside of cryptocurrencies but still worth keeping an eye on.