Queen of England’s Bank: Bitcoin is Nothing but Speculation

In a truly surprising turn of events (sarcasm intended), the Queen of England’s bank has expressed scepticism over Bitcoin. The exclusive financial services provider declared the Bitcoin price to be built on nothing but speculation. They also stated that they’d not be investing themselves. One of Coutts’ investment strategists, Lilian Chovin explained to the UK’s Telegraph:
Its sharp rise brought back memories of the dotcom bubble back at the turn of the century.
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