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Bitcoin (BTC) Frenzy is Like an Infectious Disease Spreading, says Barclays

Barclays compares Bitcoin to infectious disease: The investment bank Barclays likens the spread of the Bitcoin (BTC) to that of an “infectious disease” spreading, reports Business Insider Australia. Barclays analysts based their findings on the models that epidemiologists use to track diseases. The models were compared to Bitcoin’s price swings from the past seven years. The analysts were checking if there were any connections between how an infectious disease spreads and how Bitcoin has performed in the past to see if they could predict any of Bitcoin’s future. The results were surprising. Barclays stated: “We developed a theoretical model of an asset price with a pool of…

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