Alibaba Founder Jack Ma Calls Bitcoin (BTC) a Bubble

18 May

Alibaba Founder Jack Ma Calls Bitcoin (BTC) a Bubble

Source: Crypto News
Alibaba Founder Jack Ma Calls Bitcoin (BTC) a Bubble

Alibaba

The Bitcoin (BTC) bubble theory has resurfaced as the founder of world’s largest e-commerce platform, Alibaba, just announced his views of the world’s first digital token. Jack Ma Yun, Alibaba Group’s founder and executive chairman, spoke in a forum on Wednesday and spoke highly of blockchain technology, but expressed his doubts about Bitcoin (BTC).

“There is no bubble for blockchain, but there’s a bitcoin bubble,” Ma said in a panel at the second World Intelligence Congress forum.

Ma said he has been researching blockchain for years and highly believes in its potential to solve …

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