Mark Mobius

Bitcoin Basher Mobius Warns of Terrifying Blockchain ‘Crisis’

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Mobius Capital Partners LLP founder and emerging markets fund manager Joseph Bernhard Mark Mobius has raised concerns over the security promised by blockchain technology — first made famous by Bitcoin (BTC) — while calling it “a very high-risk situation.” Mark Mobius: Blockchain Could Create ‘Big Crisis’ At the time of this writing, the Bitcoin network […]

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Legendary Investor Bashes ‘Psycho-Currency’ Bitcoin, Then Accidentally Makes Crypto Case

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By CCN Markets: Mark Mobius, the legendary emerging-markets investor and founder of Mobius Capital Partners, referred to bitcoin as a “psycho-currency” on Tuesday in an interview with Bloomberg. He claimed the rise of “faith-based” cyber-currencies would ultimately push investors towards hard assets like gold. “You have all these new currencies coming into play. I call […]

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Legendary Millionaire Investor Pivots from ‘Fraud’ to ‘Alive and Well’ on Bitcoin

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By CCN: Bitcoin has converted yet another critic. World-famous investor and emerging markets guru Mark Mobius once called bitcoin a fraud. But in an interview yesterday with Bloomberg he appeared to change his mind, saying it was “alive and well.” “There’s definitely a desire among people around the world to be able to transfer money easily and confidentially. That is really the backing to bitcoin and other currencies of that type. So I believe it’s going to be alive and well.” Legendary investor Mark Mobius just flipped on Bitcoin!! “There’s definitely a desire among people around the world to be

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