Bitcoin / Cryptocurrencies

December 22, 2017

 

Comments made yesterday on Sigma TV about bitcoin/cryptocurrencies. Although I am a strong believer in the future benefits that blockchain technologies can bring to the economy and perhaps cryptocurrencies as well (that is why we have established the first blockchain research center in Cyprus), at the moment the value of blockchain has to be a bubble, driven by speculators and people that want to make easy money. Nothing wrong with that, speculators can be helpful to the markets by providing liquidity, but one has to be prepared and accept that there are a number of risks involved in such an investment.

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