Econintersect: Alan Greenspan is famous (infamous) for having been Chairman of the Federal Reserve Board of Governors during the inflation of two bubbles: dot.com (1996-2000) and U.S. housing market (2003-2006) and not having seen either until they collapsed. But now Greenspan sees a bubble. It is the bitcoin which has risen in value by 89 times in the past year.
Trish Reagan interview of Alan Greenspan on Bloomberg TV video after the Read more >> jump.
It takes only 2 minutes for ‘The Alan’ to pronounce the bitcoin to be in a bubble.
Source:
Greenspan Says Bitcoin a Bubble Without Intrinsic Currency Value (Jeff Kearns, Bloomberg, 04 December 2013)