Tom Peterffy no longer thinks Bitcoin futures will collapse, many bubble theory fans remain

“When talking about Bitcoin futures, Tom Peterffy expressed concerns over possible collapse of smaller brokerages losing money due to the cryptocurrency market volatility and told he set a limit on trades with such futures for the employees of his company.” This is an extract from the previous report on Thomas Peterffy from Interactive Brokerage. Since that time, he reconsidered his views on Bitcoin futures.

Now he thinks that the launch of Bitcoin futures on CME and CBOE is going to improve the reputation of cryptocurrencies and as a result, it would become more popular than ever before. Unknown what influenced his decision over these nine days between these statements.

Meanwhile, founder of Birinyi Associates Laszlo Birinyi thinks almost the same, but more vocal on the bubble narrative shared by many economists on the world when it comes to Bitcoin. The bubble sentiment is now also shared by Ron Paul, who previously stated that the governments should stay out of cryptocurrency environment. He does not, however, forget to mention the governments this time as well: cryptocurrency is a reflection of a disaster with the dollar monetary system, he thinks, that’s why so much people are interested in them.