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Topic: [2017-11-24] Deutsche Bank Chief Strategist doesn’t recommend to invest in BTC (Read 3085 times)

sr. member
Activity: 630
Merit: 272
I'm not interested in the opinion of the bankers of bitcoin. They will always say that the bitcoin bubble. They will never say that the Bank is too bubble and banking aims to collect money from people. All banks are responsible for inflation in the state. Bitcoin is their competitor and they will never say a single good word.
newbie
Activity: 52
Merit: 0
Institutional investors are not trusting Bitcoin and cryptocurrencies, sometimes even telling this is not a real currency. While the latest person who speaks out on the theme, Ulrich Stephan from Deutsche Bank, does not call Bitcoin a fraud and does not question its right to be an investment opportunity, he also does not recommend investors to put their money into it. There is too much volatility on cryptocurrency market, stressed the Chief Strategist of the aforementioned bank.

Interestingly enough, another member of the same financial establishment reportedly predicted the end of the fiat money era. As he...Read more
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