Are Cryptocurrencies a Scam and a Bubble or are they The Future?

 

 

Jan Brzeski, Managing Director and CIO of Arixa Capital contributes an article to REI Weath that covers the topic of cryptocurrencies. "We have reached a very interesting moment for those of us with a strong interest in finance and economics. In recent weeks, some of the leading minds in the investment and finance business have opined about Bitcoin and other cryptocurriences. Jamie Dimon of JP Morgan Chase called Bitcoin “a fraud” and Howard Marks has referred to it as a “speculative bubble” or “pyramid
scheme”. He then revised his view, noting that it could be used legitimately as a medium of exchange, so long as enough people agree to accept it."

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