Price Analysis 18/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO
Price Analysis 18/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO
The traditional financial system is heading to a disaster with about $17 trillion in global bonds returning negative-yields. “The whole concept of negative yields, of people paying for the privilege of lending money, is insane behavior to me,” said William Eigen, a veteran fund manager at JPMorgan (NYSE:) Asset Management, in an interview with Bloomberg.
Gemini crypto exchange co-founder Cameron Winklevoss believes that the staggering amount of negative-yield bonds is a compelling reason why investors should gravitate towards (BTC). Stafford Masie, the general manager of WeWork South Africa, also believes that Bitcoin is the best technological gift to mankind and Masie stressed that it will change the future of humanity.
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Source: investing.com
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