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“Bitcoin is not money and never will be”, says London Analyst Alasdair MacLeod when speaking with Silver Doctors. There are, however, a number of things with cryptocurrencies that we should all be paying close attention to…
MacLeod explains why cryptocurrencies are in a bubble. Either the bubble will collapse by itself, or governments will destroy cryptocurrencies.
But the general public hasn’t yet jumped on the cryptocurrency bandwagon. “When the ordinary man in the street starts playing, you know it’s time to get out,” he says. As for governments putting a stop to cryptocurrencies, MacLeod says it’ll be years before there’s an international agreement on such a matter.