M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Given its nature, many in policy- and market-circles are tempted to reduce the current Bitcoin rally simply as a speculative bubble. This should not obfuscate the notably-diverse set of reasons – liquidity excesses, debasement and inflation concerns, risk mitigation, institutional mistrust, etc – that is bringing together an unusually differentiated set of holders for speculators to pile on. #bitcoins #bitcointrading #bitcoinnews #bitcoinprice #bitcoin #markets #investing #investors
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