“Avoid Bitcoin Like the Plague”, We’ll Talk When It’s $100: Vanguard Founder

[mediavoice]

This Jack Bogle is a great investor and founder of the Vanguard Group, an investment firm has managed $ 4.5 trillion in global assets. This Wall Street Director General John Bogle warned investors to keep their money away from the Bitcoin industry.

When an audience member asked for his opinion on Bitcoin: At the age of 88, the retired chairman, Vanguard Group, was present at a Council of Foreign Relations Council in New York on Tuesday. It has abhorred bitcoin as an asset, when these decentralized cryptocurrency costs more than $ 10,000.

source - https://www.cryptocoinsnews.com/avoid-bitcoin-like-plague-says-vanguard-founder/

Comments

[evinrud]

of course! :)

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[petrmisan]

Bogle is a legendary investor but his philosophy is based on having faith in index funds. It's incompatible with much of crypto investing.

[ura-soul]

The council on foreign relations is pretty much the PR wing for 'the network' which is the group that has been behind more death and crime than just about any other. It's not surprising they would be against crypto.