Bitcoin is worthless and the bubble is set to pop, Allianz Global Investors say
Cormac Mullen
Updated
It's a matter of when, not if, the bitcoin bubble will pop, according to Allianz Global Investors.
The cryptocurrency is worthless, even if blockchain technology could bring significant benefits to investors, said the investment arm of Europe's biggest insurer, which manages almost 500 billion euros ($785 billion).
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