"For now, the operational dimensions of cryptocurrencies will involve primarily speculative activities, cannibalizing at the margin the investor base for precious metals, and meeting the demand of those looking, both for legal and for illegal reasons"... https://heisenbergreport.com/2017/09/18/el-erian-what-we-learned-about-bitcoin-last-week/
El-Erian: What We Learned About Bitcoin Last Week
"For now, the operational dimensions of cryptocurrencies will involve primarily speculative activities, cannibalizing at the margin the investor base for precious metals, and meeting the demand of those looking, both for legal and for illegal reasons"...
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