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Bitcoin Could Have This ‘Incredibly Expensive’ Side Effect on the Economy

December 14, 2017

Via: TheStreet

Bitcoin has been on a tear, but could there be a nasty side effect?

According to Interactive Brokers founder, chairman and CEO Thomas Peterffy, the aftermath of a bitcoin crash could send the economy into a tailspin. If the new bitcoin futures market can’t keep up with massive swings in bitcoin price, the broader financial system could be in peril. TheStreet spoke with Peterffy to learn more about his view, the future of bitcoin and what exactly crypto futures could mean for everyone else. This interview has been condensed and edited for clarity.

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