Danish central bank governor: Bitcoin is dangerous

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Denmark’s top central banker has now issued a stern warning to speculators to avoid bitcoin.

Lars Rohde, governor of the National Bank of Denmark, told local broadcaster DR that bitcoin was a dangerous bubble, comparing it to the tulip bulb mania of the 17th Century.

Rohde declared that putting money into bitcoin was basically gambling, warning:

“You have to stay away [from bitcoin]. It is dangerous.

Rohde also warned that people buying bitcoin shouldn’t blame regulators if they suffer losses when the market crashes.

He says:

“It is not a regulated market. It is not the responsibility of the authorities. It is the responsibility of the individual.”

https://www.theguardian.com/business/live/2017/dec/18/bitcoin-bubble-ubs-futures-trading-20000-cme-stock-markets-tax-business-live?page=with:block-5a37c7c59f95fd0742adb698#block-5a37c7c59f95fd0742adb698

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