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Tuesday, November 14, 2017

One of Asia's largest banks says bitcoin is 'a ponzi scheme'

One of Asia's largest banks is of the opinion that bitcoin is currently a financial scam. "We see bitcoin as a bit of a ponzi scheme," David Gledhill, group chief information officer and head of group technology and operations at DBS, told CNBC on Wednesday. Bitcoin transactions are "incredibl...

One of Asia's largest banks says bitcoin is 'a ponzi scheme'

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