RBNZ’s Spencer: Bitcoin ‘looks remarkably like a bubble forming to me’

The Reserve Bank of New Zealand (RBNZ) Governor Grant Spencer said in an interview with TVNZ broadcast on Sunday, Bitcoin is a bubble.

Key Quotes via Bloomberg:

"It looks remarkably like a bubble forming to me" 

"Over the centuries we've seen bubbles, and this appears to be a bit of a classic case. With a bubble, you never know how far it's going to go before it comes down."