Chinese bitcoin “miners” add each other on social media after the first China Bitcoin Miner Conference, in Chengdu, Sichuan province, last October 22. Photo: EPA

The tech-led bubble is set to burst, despite Janet Yellen’s optimism about financial stability

Andrew Sheng says a debt-fed liquidity flood has global markets on a high as they chase speculative cyber-wealth, but the tide will turn once central banks begin to normalise balance sheets

Topic |   Bitcoin

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Chinese bitcoin “miners” add each other on social media after the first China Bitcoin Miner Conference, in Chengdu, Sichuan province, last October 22. Photo: EPA
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