by Andrey Dashkov
Casey Research
Bitcoin has been grabbing headlines lately… If you opened any financial website, you’d be bombarded with news and mainstream commentary about it.
CNBC, for example, has a new section on its website dedicated to the “bitcoin tipping point.”
Ray Dalio, one of the world’s most famous and influential hedge fund managers, called bitcoin “one hell of an invention.”
But there are plenty of skeptics, too…
Janet Yellen, the Federal Reserve’s former chief and the current Treasury secretary, referred to bitcoin as “extremely inefficient.”