Bitcoin critics say that the cryptocurrency should never be regarded as a means of exchange because it’s mostly used for speculation. Fundstrat’s Thomas Lee disagrees with this statement, saying that most of the US dollars are used for speculation as well. Almost 99% USD Activity is Speculation Venture capital firm Castle Island Venture recently interviewed Tom Lee, Managing Partner and the Head of Research at Fundstrat Global Advisors. In the latest On the Bring podcast,Read MoreThe post Fundstrat’s Tom Lee: 99% of USD is Speculative, Why Discredit Bitcoin? appeared first on Bitcoinist.com.
