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Subject "It's In The Mania Phase":"Mortgages Are Being Taken Out To Buy Bitcoin Yes...with possible profits going up...persons are getting
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Original Message "We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.


"This is not something a guy who's making $100,000 a year, who's got a mortgage and two kids in college ought to be invested in."

"You're on this mania curve. At some point in time there's got to be a leveling off. Cryptocurrency is here to stay. Blockchain is here to stay. Whether it is bitcoin or not, I don't know,"

Innovation in technology always outruns regulations: Joseph Borg
[link to www.cnbc.com (secure)]
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