Remarks on BTC and cryptocurrency from Paul Singer, founder of hedge fund Elliott Management

  • "When the history is written, cryptocurrencies will likely be described as one of the most brilliant scams in history"
  • digital assets, which have ballooned in mainstream attention over the past months, represented "not just a bubble. It is not just a fraud. It is perhaps the outer limit, the ultimate expression, of the ability of humans to seize upon ether and hope to ride it to the stars."

Singer in a letter to clients dated January. Joing in the BTC bashing.

MarketWatch has more here at the link