Economist: 'Bitcoin Is a Gambling Instrument for Chinese, Koreans and Japanese'
Economists seem to be really bagging on crypto lately. Speaking to the Korea Times, noted economist Andy Xie said that there’s basically no way that cryptocurrencies will be recognized as legal currency. "Bitcoin is primarily a gambling instrument for Chinese, Koreans and Japanese," Andy Xie, a vocal critic of the bitcoin craze, told The Korea Times. "Even though so many