Wait a minute, when has there ever been a currency bubble?

If you’ve scanned the crypto news in recent weeks, you will have noticed a smattering of stories suggesting that the whole cryptocurrency market, is a bubble. Such news is not exactly new. Since the spring, the crypto market has multiplied in value by a factor of six and the word “bubble” has thus inveigled its way into commentators conversations. A few days ago, the Wolf of Wall St, Jordan Belfort, joined JP Morgan CEO, Jamie Dimon in declaring Bitcoin to be both a fraud and a bubble. Jordan can, at least, legitimately claim expertise in fraud having pleaded guilty to… [Continue Reading]