Ex-Credit Suisse CEO: Invest in Gold and Bitcoin Long-term, Not Fiat

By February 6, 2015Bitcoin Business

Oswald Gruebel In perhaps one of the more surprising interview statements from the banking industry, ex-CEO of UBS and Credit Suisse Oswald Gruebel has openly voiced his support for Bitcoin and distrust of fiat currency.

Speaking to Cash.ch , Gruebel criticized the inability of banks to prevent economic crises, while championing gold and Bitcoin as credible long-term investment opportunities.

Gruebel said:  “The only investment that demonstrably keeps is value over a long period is gold, […]

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