RATE Group | Bitcoin is definitely a bubble, says Wikipedia founder
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Bitcoin is definitely a bubble, says Wikipedia founder

Bitcoin is definitely a bubble, says Wikipedia founder

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The co-founder of the largest free-content reference website has slammed bitcoin and the digital currency industry, saying that it is in a bubble that will eventually pop.

Speaking at the Blockshow conference in Berlin — Europe’s version of New York’s blockchain-focused Consensus conference — Wikipedia’s Jimmy Wales said the crypto industry is in for a rude awakening. In fact, he said, the sector is in need of some “real journalism,” according to Cointelegraph, which is hosting Blockshow.

Read: Opinion: The bitcoin bubble is a bad omen for the U.S. economy

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