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Jack Ma: Bitcoin Bubble is Real and Blockchain is the Future

Jack Ma Bitcoin Bubble: Yet another well-known figure has come forward to express his thoughts on the cryptocurrency sector. The figure, who is Jack Ma, spoke specifically of Bitcoin (BTC) — and his thoughts weren’t exactly in favor of the cryptocurrency. Jack Ma Bitcoin Bubble: True or False? On Monday, Jack Ma, a Chinese billionaire and the founder of Alibaba Group Holding, spoke at an event held by Ant Financial Services Group, a financial affiliate of Alibaba Group Holding. During his presentation, Jack Ma spoke of both cryptocurrency and blockchain. While he praised the latter, he had a few things to say about cryptocurrencies – specifically Bitcoin. According…

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Alibaba Founder, Jack Ma, Calls Bitcoin (BTC) a Bubble

The Bitcoin (BTC) bubble theory has resurfaced again, 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 security, and data privacy. The founder thinks that blockchain can be used by everyone…

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