Bitcoin Bubble Is ‘OK,’ Will Come Back Stronger, NEO Tells Media

Chinese platform NEO’s founder Da Hongfei has said a Bitcoin bubble is “OK” and will come back stronger if it bursts.

Speaking in a televised interview on CNBC, Hongfei explained that the overlapping wave of enthusiasm in both Bitcoin and Blockchain was not necessarily a problem.

“I would say that there is a bubble in this industry, but would say it’s OK,” he explained on the network’s Capital Connection segment.

“Every technology that is so disruptive – there’ll definitely be bubbles, like the train or the automobile.” […]

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