Bitcoin, forget cryptocurrency and think commodity

Since bitcoin has pushed commodities off the screen for most investors, I am attaching more of the BNN interview.

The takeaway is that bitcoin is no longer a currency play but an unregulated commodity. And, while the known bubbles, bitcoin is the FIRST international bubble. Very interesting for an economist.

With the price rising and exchanges trading, the next step will be for financial houses to start offering bitcoin funds. This will supercharge the market even more.

https://www.bnn.ca/video/bitcoin-is-the-first-international-bubble-pat-ryan~1283096

 

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