Canadian Central Bank Chief: Bitcoin is Gambling not Investing

The governor of the Bank of Canada thinks Bitcoin is nothing more or less than gambling.
Stephen Poloz, 62, told CNBC he does not believe in the term cryptocurrencies, arguing that new payment technologies like Bitcoin are definitely “cryptos but not currencies.” He made further statements about how Bitcoin cannot be called either an asset or a security due to its zero intrinsic value. At last, the term he thought could suit the digital currency was gambling.
The statement arrives at