George Soros: Bitcoin is Propped Up by Dictators

in #bitcoin8 years ago


Legendary currency trader, hedge fund Titan, 87 year old philanthropist George Soros delivered his annual speech at the World Economic Forum 2018 in Davos, Switzerland. At the end of his comments, a question of audience asked Tycoon generally on his idea on cryptocurrences and especially on bitcoin SOURCE https://news.bitcoin.com/george-soros-bitcoin-propped-up-by-dictators/

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I think what he's saying is that cryptocurrenices are a bad thing, because they are not like central banks that can be controlled and can make money out of thin air, and which are well known for being completely independent (cough cough, bull***t).

Also, China has a vested interest in cryptocurrencies, so he appears to be calling the Chinese Government a bunch of dictators. Wonder how that one is going down in Beijing.....