UBS' Paul Donovan Compares Bitcoin to Tulip Mania

Paul Donovan, of UBS, recently went off on a rant about cryptocurrencies. He compared Bitcoin to the Tulip Mania of 1630s, an event that sent the price of tulip bulbs skyrocketing - and then crashing. Here's exactly what he said... Tags: cryptocurrencies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post UBS' Paul Donovan Compares Bitcoin to Tulip Mania appeared first on Money Morning - We Make Investing Profitable .