Topic: [2017-11-13] Chess Legend Garry Kasparov: Bitcoin Is Pure Speculation - page 2. (Read 6093 times)
November 13, 2017, 05:15:46 PM
It's undeniable that the majority of the people treat Bitcoin as speculative investment option, but that's slowly being shifted into understanding of the technical aspects of Bitcoin. I see more and more people refer to Bitcoin as being something that functions as alternative to banks and their own fiat currencies. People not being able to look and think beyond their own logic will never be able to see Bitcoin serve an actual purpose (aside from the speculative aspect), and Mr Chess nicely fits in that category of people. It's a new trend for whatever person or "expert" to share with the outside world how he thinks about Bitcoin....
November 13, 2017, 03:53:16 PM
Chess Legend Garry Kasparov: Bitcoin Is Pure Speculation
Former world chess champion Garry Kasparov went to the Web Summit, in Lisbon, this year while representing cybersecurity firm Avast. PROTESTE INVESTE, a Portuguese investment website known for helping novice and experienced investors, managed to speak to Kasparov in an interview about bitcoin and cryptocurrencies.
In it, Kasparov revealed that bitcoin’s popularity doesn’t surprise him, and compared the cryptocurrency to “fake money” that’s “issued by governments in large quantities.” The chess grandmaster sees bitcoin as “fake money” because, according to him, about 80% of all available bitcoins are circulating in exchanges and financial markets, and are never truly used in any other industry, meaning they only serve investors.
https://www.cryptocoinsnews.com/chess-legend-garry-kasparov-bitcoin-is-pure-speculation/
Former world chess champion Garry Kasparov went to the Web Summit, in Lisbon, this year while representing cybersecurity firm Avast. PROTESTE INVESTE, a Portuguese investment website known for helping novice and experienced investors, managed to speak to Kasparov in an interview about bitcoin and cryptocurrencies.
In it, Kasparov revealed that bitcoin’s popularity doesn’t surprise him, and compared the cryptocurrency to “fake money” that’s “issued by governments in large quantities.” The chess grandmaster sees bitcoin as “fake money” because, according to him, about 80% of all available bitcoins are circulating in exchanges and financial markets, and are never truly used in any other industry, meaning they only serve investors.
https://www.cryptocoinsnews.com/chess-legend-garry-kasparov-bitcoin-is-pure-speculation/
Jump to: