‘I come to bury Bitcoin, not to praise it’: UBS

“Every economist knows the store of value is about balancing supply and demand, and with cryptocurrencies, you cannot control the supply in response to the drop in demand.”

Another article about an economist calling for the end of bitcoin. If the quote above from him bad enough, just watch the video. It's scary that this guy has a job in finance! So, according to him, gold isn't a store of value either, after all if demand drops you can't put a bunch of it back in the ground. Sad state we're in....

Read the full story here....
https://www.cnbc.com/2018/11/30/i-come-to-bury-bitcoin-not-to-praise-it-ubs.html