Billionaire Bill Gross on Bloomberg "Bitcoin May Challenge Central Banking"

[presence]

Bill Gross is pumping bitcoin! Buy bitches!

New financial technologies such as bitcoin may become increasingly attractive to investors as a protection against central bank low- and negative-interest-rate policies that threaten capitalism, according to billionaire bond manager Bill Gross.

http://www.bloomberg.com/news/artic...-bitcoin-blockchain-may-counter-central-banks

TUBE at source

“Central bankers have fostered a casino-like atmosphere where savers/investors are presented with a Hobson’s choice, or perhaps a more damaging ‘Sophie’s Choice’ of participating (or not) in markets previously beyond prior imagination,” Gross wrote, hammering a favorite theme. “Investors/savers are now scrappin’ like mongrel dogs for tidbits of return at the zero bound. This cannot end well.”

Gross: Central Banks Are Wrecking Capital Markets
Wall Street Journal -Oct 4, 2016

Central-bank policies are wrecking the capital markets, but rather than drawing back and letting the markets find their own equilibrium, the bankers are doubling down, Janus Capital's Bill Gross said in his latest investment missive, comparing central ...

Gross: Low Rates Pushing Investors to Gold, Bitcoin
Barron's-Oct 4, 2016

Gross: Low Rates Pushing Investors to Gold, Bitcoin .... Bitcoin and privately agreed upon block chain technologies amongst a small set of ...

Gross: Bitcoin Potential Substitute for Monetary Coinage
Bloomberg-20 hours ago

Janus Capital Fund Manager Bill Gross discusses his outlook for bitcoin and blockchain. He speaks with Erik Schatzker on "Bloomberg Markets ...

Bill Gross of Janus warns financial markets have become 'a Vegas casino'
Reuters - ‎Oct 4, 2016‎

NEW YORK Global central bank policy makers have turned world financial markets into a casino, thanks to their unprecedented monetary policies, bond investor Bill Gross of Janus Capital Group (JNS.N) warned on Tuesday.

Bill Gross: Markets are a casino and 'this cannot end well'
CNBC - ‎Oct 4, 2016‎

Among those potential choices: Gold, which has been a favorite option for Gross in recent months, and even digital currencies like bitcoin.

Bill Gross: Financial Markets Are Becoming 'A Vegas Casino'
ValueWalk - ‎Oct 4, 2016‎

Bill Gross, who runs a $1.5 billion Janus Global Unconstrained Bond Fund, believes that the investors will increasingly seek havens as they lose faith in the system. Investors might increasingly be attracted to new financial technologies such as bitcoin.

Bill Gross: Central Banks Using Martingale System
Investopedia - ‎20 hours ago‎

Bill Gross, co-founder of PIMCO and current bond fund manger at Janus capital, believes financial markets have become a "Vegas Casino" led by central banks and their unconventional monetary policy. ... Lawmaker Pushing to Classify Bitcoin as Money.).

Bill Gross on Today's Markets: “This Cannot End Well”
ETF Daily News - ‎5 hours ago‎

Instead of the economic growth that central bankers envision, Gross notes that he and many other observers view the current accommodative measures as ultimately counterproductive for the economy and markets. He says these policies “will lead to capital

BILL GROSS: Central bankers have turned the economy into a 'casino' that threatens capitalism
Business Insider - ‎Oct 4, 2016‎

Bitcoin and privately agreed upon block chain technologies amongst a small set of global banks, are just a few examples of attempts to stabilize the value of their current assets in future purchasing power terms.

Bill Gross: Central Banks Fueling 'Capital Destruction,' Not 'Capital Creation'

ThinkAdvisor - ‎18 hours ago‎

Bill Gross is not a fan of quantitative easing and low, zero or negative interest rates in their U.S., European and Japanese iterations, and in his monthly investment outlook—'Double Down'—he tells readers why.

Casino capitalism, inflation, French tourism: Business news in brief, Wednesday 5th October, 2016
The Independent - ‎3 hours ago‎

In his latest investment outlook titled “Doubling Down”, Bill Gross of Janus Capital said: “Our financial markets have become a Vegas/Macau/Monte Carlo casino, wagering that an unlimited supply of credit generated by central banks can successfully ...

 

[oyarde]

Anything that could still be used without central banking should be pumped .

 

[Suitandtie]

I don't think it will anytime soon. It might as the technology gets a lot more sophisticated, but I don't think they will now. Not when there's a literal altcoin for everything out there. The market itself is way to volatile. There has to be some sort of regulation or else it'll end up falling apart eventually.