Economist David Rosenberg, president of Rosenberg Research said that the volatile nature of cryptocurrencies like Bitcoin (CRYPTO: BTC) makes them akin to gambling rather than sound investing. What happened: Drawing a comparison to more conventional investments, Rosenberg said in a morning note on Monday that stocks represent a stake in a company’s future earnings, whereas bonds and savings accounts yield consistent interest, reported Business Insider. Furthermore, commodities possess industrial value and their demand can be forecast using economic data. “These things are real,” Rosenberg said…
