Bill Gross Says Bitcoin, Blockchain May Counter Central Banks

  • Fund manager reiterates criticism of the Fed, BOJ and ECB
  • Europe version of ‘taper tantrum’ is underway, he says

Gross: Bitcoin Potential Substitute for Monetary Coinage

New financial technologies such as bitcoin may become increasingly attractive to investors as a protection against central bank low- and negative-interest-rate policies that threaten capitalism, according to billionaire bond manager Bill Gross.

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