Soros: Bitcoin is good for dictators, but Blockchain technology is good for migrants.

“Normically when you have a parabollic curve, it eventually has a strong pause,” said Soros at the World Economic Forum in Davos on Thursday, quoted by “Bloomberg”.

As long as the dictatorships grow, you will have another end, because rulers in those countries will return to build an egg outside their nest,” said Soros, reports “RT” Transmission Periscope.

Yet it is a typical bubble, which is always based on misunderstandings like tulip mania. But blockchain technology can be put to positive use if we actually use it to help migrants communicate with their families and keep their money safe. ”

While accusing “dictators” who use bitcoin to move money abroad, Soros himself has transferred $18 billion to his Open Society Foundation in recent years. /Periscopi/