ECB member and Bank of Estonia head Ardo Hansson speaking on cryptocurrencies
- The cryptocurrency bubble will burst sooner or later
- The rationality has disappeared in cryptocurrency sector
- There’s a lot of emotion involved, which is helping in creating a bubble
- The Estonian central bank is not planning to regulate virtual currencies as volumes aren’t threatening financial stability yet
General comments;
- The year ended in much better shape than it started, both in monetary policy, in economic growth and in foreign trade
- It was a year of normalisation and healing in both Estonia and the euro area
I wonder if he’s short BTC futures?
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Ryan Littlestone what you says about Bitcoin ? Past present or future…
Hi Ali.
I’m waiting for the bust.
Hmm I also expect sooner or later I will come down at very high speed…