In an interview with CNBC earlier Tuesday, former Wells Fargo CEO Richard β€˜Dick’ Kovacevich denounced Bitcoin as a pyramid scheme. First, it was economist Robert Schiller calling Bitcoin a β€œbubble”. Then JP Morgan CEO Jamie Dimon added his pontificating opinion to the mix, labeling it a β€œfraud.” Now it looks like Wall Street talking heads are doubling down on the stupid. Yesterday, in an interview on CNBC’s Squawk on the Street, former Wells Fargo CEO Read More The post See Dick. See Dick Call Bitcoin a Pyramid Scheme. Wrong, Dick. Wrong. appeared first on Bitcoinist.com.



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