Danish central bank head issues stark warning on ‘deadly’ bitcoin

Reuters/Stine Jacobsen/12-18-17

Potential investors in bitcoin should steer clear of a dangerous gamble and not complain to financial regulators if things do go wrong, Denmark’s central bank governor warned.

…The comments echoed concerns of a bubble about to burst made by other market participants and central bankers after the price of bitcoin rocketed more than 1,800 percent since the start of the year.

Rohde said that if people decide to ignore his warnings, they should realize that they are pretty much on their own.

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