Investor. Any references to securities are not recommendations or solicitations to buy or sell anything. I may have positions in securities mentioned.
Greed and Capitalism
What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman
Thursday, December 5, 2013
Alan Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value
Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value
Former Federal Reserve Chairman Alan Greenspan said Bitcoin prices
are unsustainably high after surging 89-fold in a year and that the
virtual money isn’t currency.
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