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China has announced Pan Gongsheng as the new head of the country's Central Bank.
The words of Gongsheng, who was brought to this important task, about Bitcoin (BTC) in 2017 came to the fore again with this development.
In 2017, he said: “Sit by the river and watch, one day Bitcoin's corpse will float in front of you”.
Gongsheng also said the following about BTC in his statements at that time:
“The Bitcoin bubble is just the latest incarnation of wild speculation. Historically, wild speculations such as the 'tulip mania' of 1637 and the Internet bubble of 2000 have hit financial markets from time to time. No one can predict the speculative wave. He doesn't know how long it will take or where the summit is."
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