Thread: Crypto investors 'should be prepared to lose all their money,' top UK regulator warns

I get the feeling regulators are going to get involved in crypto in 2021 if anything for the tax cheating on some of these skittish websites.

Still contrasting views to where it's heading though.

Strategists at JPMorgan recently said that bitcoin could hit $146,000 in the long term, as it competes with gold as an “alternative” currency.

Bank of America released a note Tuesday calling bitcoin the “mother-of-all bubbles,” with an accompanying chart showing how the virtual currency’s spectacular rise compares to other market bubbles like the dotcom boom of the late 1990s and the U.S. housing bubble in the mid-2000s.