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27 July 2021

Investment Advisor Says Bitcoin Is 'Very Dangerous to Hold Today' Citing Warnings by Regulators – Featured Bitcoin News

Investment Advisor Says Bitcoin Is 'Very Dangerous to Hold Today' Citing Warnings by Regulators – Featured Bitcoin News


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Citing “negative statements” by central bankers and regulators, such as the Bank of England, he said that it is “very dangerous to hold” bitcoin today.

David Tice, who sold his bear fund as the 2008 financial crisis was unfolding, talked about the stock market and bitcoin in an interview with CNBC Friday.

He also believes it is very dangerous to be in the stock market.

The governor of the British central bank, Andrew Bailey, said in May that cryptocurrencies were dangerous and had no intrinsic value.

Last week, Bank of England Deputy Governor Jon Cunliffe said he believes that cryptocurrencies were not big enough to pose financial stability risk.

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