Institutional investors are not trusting Bitcoin and cryptocurrencies, sometimes even telling this is not a real currency. While the latest person who speaks out on the theme, Ulrich Stephan from Deutsche Bank, does not call Bitcoin a fraud and does not question its right to be an investment opportunity, he also does not recommend investors to put their money into it. There is too much volatility on cryptocurrency market, stressed the Chief Strategist of the aforementioned bank.

Interestingly enough, another member of the same financial establishment reportedly predicted the end of the fiat money era. As he...Read more