UBS’ Global Chief Economist Argues Crypto Is ‘Fatally Flawed,’ But He’s Wrong
The global chief economist for UBS Wealth Management and bitcoin skeptic has said cryptocurrencies are “fatally flawed,” and that they’ll never become currencies. British economist Paul Donovan was speaking on CNBC’s Fast Money segment when he made his comments. His remarks follow an internal blog he released earlier this week, titled “I come to bury bitcoin, not praise it.”
