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Bitcoin is a 'pyramid scheme,' warns former Wells Fargo CEO Dick Kovacevich

Retrieved on: 2018-01-15 23:56:53

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Bitcoin is a 'pyramid scheme,' warns former Wells Fargo CEO Dick Kovacevich. View article details on hiswai:

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<div>Kovacevich says he believes <b>bitcoin</b> is a scam. "It makes no sense. I'm just surprised it isn't even lower." <b>Bitcoin</b> tumbles to a six-week low, falling below $12,000 for the first time since Dec. 5, according to CoinDesk. Last week, J.P. Morgan chief Jamie Dimon said he regrets calling <b>bitcoin</b> a fraud, but ...</div>

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