Speaking on CNBC yesterday, former chairman and CEO of Wells Fargo Bank Dick Kovacevich made the statement bitcoin a scam.
"I think it's a pyramid model, it does not make sense, I'm just amazed that bitcoins are not going down," he said on CNBC's "Squawk on the Street."
What do you think about this statement?
What can you expect from them, not much. All CEO of banks all over the world says the same thing over bitcoin. They are obviously against bitcoin ever since it caught the attention of people and investors. I just dont care what they say about bitcoin i still believe in it and will continue to invest and trade.