Bitcoin Only Used for Money Laundering and Speculation: ‘Big Short’ Investor

Wall Street veteran Steve Eisman rose to fame by shorting the sub-prime mortgage market ahead of last decade’s financial crisis. Now, he’s similarly-bearish on a new asset class: cryptocurrency. Eisman, whose career is chronicled in The Big Short, told CNBC that he has yet to meet anyone who can persuasively argue that cryptocurrencies have social The post Bitcoin Only Used for Money Laundering and Speculation: ‘Big Short’ Investor appeared first on CCN

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