Crypto Bubble Will Burst and It Will Be Ugly

Chantal Thomas
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FinTech

Article from Vito Petan on LinkedIn

It seems almost every day that we are hearing of a new Initial coin offering raising tens (or hundreds) of millions dollars in a matter of days and the sheer mention of blockchain is invoking animal spirits in both investors and the general public. A friend recently told me that his hairdresser is now investing into Ethereum, and even the taxi drivers nowadays seem eager to discuss the newest crypto coin on the block. EOS recently raised $185 million even though their white paper states issued tokes do not have any purpose.

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