Bitcoin’s Not Only Going To Crash, It's Going To Vanish - Telfer

New York (Oct 4)  "It will go to zero," Ian Telfer said with regards to bitcoin. The cryptocurrency has taken markets by storm but to the veteran mining entrepreneur, it is not something to get too excited about. Speaking with Kitco News in Toronto, the Goldcorp chairman warned investors to be "very, very" careful. "I don't think it's stealing gold's thunder," he said. "Longer term, I am personally not sure how these cryptocurrencies are going to work and I'm not sure governments are going to let them exist."

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