Famed investor and best-selling author Jim Rogers says that he has seen a lot of bubbles in his career, but that Bitcoin is in a league of its own. There have been plenty of bubbles I have seen in my life but this one is a little strange, because at least when the dot-com bubble was around, those were companies that said they had a business,” Rogers explained. Your browser does not support inline frames or is currently configured not to display inline frames. With over a decade of international experience, Daniela Cambone covers prominent industry events and interviews a number of leading analysts, financiers and political jim rickards bitcoin for Kitco News.
She began her career covering the Canadian financial and insurance industry and later worked in Europe covering the political and financial scene for the International television station, Press TV. The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an “as is” basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website. This is the only topic where I agree with Jamie Dimon, says currency guru Jim Rickards.
I call it a Ponzi with no one in charge. There’s no Madoff, but it’s working that way. This is the only topic where I agree with Jamie Dimon,” says currency guru Jim Rickards. Bitcoin has not been combat tested in a business cycle. We have not had a recession or a financial crisis since 2009. Bitcoin has been in existence for all of eight years but a debate is raging in the investing community: Is the cryptocurrency actually useful beyond just being a vehicle for speculation? At its worst, does it help facilitate highly questionable and illegal transactions and activity?