“Bitcoin is deciding whether this is the moment to crash and burn,” said Steven Englander, head of strategy at New York-based Rafiki Capital. Bitcoin has plummeted before. Steven Englander, a currency strategist at Citi bank, also released a research note on the currency, in which he argued that the technological benefits of bitcoin are too easy to copy and use to ... However, Steven Englander, head of G10 FX strategy at Citi, is extremely sceptical about the prospects for Bitcoin. The proliferation of many cryptocurrencies will undermine the success of any one of them, he says. Penned by Citi’s global head of FX strategy Steven Englander, the internal note argues that bitcoin’s recent decline in value against the dollar will cause participants to “lowball their ... Steven Englander, global head of G-10 FX strategy at Citi, has also been mulling over Bitcoin's prospects." I am trying to find a framework for analyzing Bitcoin and whether it can be seen as a currency," writes Englander in a note to clients this morning.
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