Peter Cruddas is founder of CMC markets
The UK Telegraph have a profile which makes interesting reading on this slowish Asia afternoon
But , well the Tele is gated. So, here is an ungated version.
Crudass isn't very impressed with bitcoin et al
- "'Kleptos' I call them [cryptocurrencies] - I think they're a gambling product, not an investment product," says Cruddas
- "That's not forever - possibly in the next five to 10 years they could become more of an investment-type vehicle. There is a future for cryptocurrencies, but I think they have to be controlled by central banks, not start-ups."
BTC update:
