“Bitcoin is deadly”

Denmark's central bank chief, Lars Rohde, has warned investors with an extremely sharp language for Bitcoin's dangers on the internet. “Stay away, this is deadly”, Rohde told the DR radio station in an interview published on the internet Monday. If someone decides to ignore this warning, he's too weak, broadcast the news.net.

“is not a regulated market, it is not the responsibility of the authorities, it is the responsibility of the individual”, Rohde said. The price of the cyber currency had risen to several commercial countries over the weekend to over 20,000, (16,940.54 euros).

Investors should not complain if anything goes wrong, the head of the central bank said. “I see Bitcoin as a tulip mania, which is an escaped bubble”, he added. In the Netherlands, in the 17th century, prices rose to astronomical heights because of speculation. When the bubble finally exploded, many people lost their money.