DBS Investment Chief Says Bitcoin No Different From ‘A Lottery Ticket’

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tldr; Hou Wey Fook, the Chief Investment Officer at Singapore’s largest bank and leading wealth manager in Asia, DBS Bank, compared Bitcoin to a lottery ticket in an interview with CNBC. He added that Bitcoin would be a “speculation asset class” that you can have, like a “lottery ticket.” Fook added that they advise their clients to view Bitcoin as a “satellite”.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

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