Allianz Chief Economic Advisor Makes Statement on Bitcoin

Given the recent price surge, digital currencies have begun attracting a lot of attention from governments and financial institutions. Recently, Allianz Chief Economic Advisor Mohamed El-Erian made his own statement on Bitcoin. Bitcoin seen as a commodity According to El-Erian, while Bitcoin may have attracted a lot of interest from investors and the general public, it still lacks the stability required by a currency. In his statement, he noted: A currency serves as …
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