http://www.zerohedge.com/geopolitical/zoltan-pozsar-fed-foaming-runway-big-bank-problems-ahead
excerpt:
He described the Federal Reserve’s responses to these banking failures as only addressing “half the problem.”
“I think it's more like foaming the runway for any of the large banks that might be having problems down the road,” he added.
Pozsar was interviewed on stage by BitMEX co-founder Arthur Hayes, who pressed him on whether he owns any bitcoin.
“I don't own any,” Pozsar responded. “I'm observing it. I don't like to dabble in things that I don't understand well.”
Pozsar outlined his pessimism that bitcoin could ever really serve as money, as his historical research has shown him that money has to have a direct link to a government to endure. As a fundamentally decentralized, peer-to-peer network, Bitcoin could not support money that fits his definition.
“The one thing I will say about bitcoin is that money, if you will, is something that is purely public or a public-private partnership,” Pozsar explained.
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