Bitcoin boom widens divide between junkies and the sceptics | Business

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Chantel Jeffries and Christine Lagarde epitomise two ever more polarised camps when it will come to bitcoin: the cryptojunkies and the cryptosceptics.

Jeffries is a Californian YouTuber, DJ, design and musician who delights her 4.7 million Instagram followers with swimwear selfies.

A handful of times ago, a TikTok video emerged of the 28-12 months-old influencer gushing about how she had owned bitcoin considering that 2017 and identified it “entertaining” to watch the digital currency’s price tag increase more than the previous 12 months. Final week’s crash was an “opportunity to invest in so a lot more”. She tweeted a link to on the internet trade Coinbase so her followers could trade in cryptocurrencies.

Meanwhile, Lagarde, 65, president of the European Central Lender, is quickly becoming 1 of the most influential voices among the cryptosceptics.

“For those who

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