Source: fastcompany.com

This morning, the cryptocurrency rocketed past $7,000 in value for the first time ever, which marks a sevenfold increase since the start of the year, reports Reuters. But some bankers remain skeptical, especially Credit Suisse CEO Tidjane Thiam, who expressed plenty of wariness about bitcoin at a news conference: “From what we can identify, the only …



This morning, the cryptocurrency rocketed past $7,000 in value for the first time ever, which marks a sevenfold increase since the start of the year, reports Reuters. But some bankers remain skeptical, especially Credit Suisse CEO Tidjane Thiam, who expressed plenty of wariness about bitcoin at a news conference: “From what we can identify, the only reason today to buy or sell Bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble.”

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