For my current analysis of the escalating bubble in Bitcoin and other crypto-digital currencies, listen to my interview this week on RT news. Both short term and long term forces behind the digital currency price bubble are explained–including ‘blockchain’ technology and, more importantly short term, professional speculators searching for yield, multiplying initial public stock offerings (ICOs), and the excess liquidity (provided by central banks worldwide) that is driving leveraging to finance the crypto-currency mania.
To listen to the 4 minute interview, go to Youtube at:
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