Joseph Borg: “We’ve seen mortgages being taken out to buy bitcoin” Bitcoin has been soaring all year, starting out at $1,000 and rocketing above $19,000 on the Coinbase exchange last week. Borg is president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. He also doesn’t think futures contracts legitimize the digital currency. Bitcoin futures, trading under the XBT ticker symbol, debuted on the Cboe futures exchange Sunday night.”]
Source: https://www.cnbc.com/2017/12/11/people-are-taking-out-mortgages-to-buy-bitcoin-says-joseph-borg.html