Mark Mobius: Psycho Currencies
on Wednesday, August 21, 2019Mark Mobius Money Quote saying cryptocurrencies are dependent on faith and it could label believers as crazy – however the same belief is required of fiat currency. Mark Mobius said:
Mark Mobius Money Quote
“You have all these currencies, new currencies coming into play. I call them ‘psycho currencies,’ because it’s a matter of faith whether you believe in Bitcoin or any of the other cyber-currencies” — Mark Mobius
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