Published On: Thu, May 17th, 2018

Bitcoin Only Used for Money Laundering and Speculation: ‘Big Short’ Investor

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Wall Street veteran Steve Eisman rose to fame by shorting the sub-prime mortgage market ahead of last decade’s financial crisis. Now, he’s similarly-bearish on a new asset class: cryptocurrency. Eisman, whose career is chronicled in The Big Short, told CNBC that he has yet to meet anyone who can persuasively argue that cryptocurrencies have social
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