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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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