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If you read beyond the headline (shocking, I know) “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pu
by IntelMiner 3y ago
If you read beyond the headline (shocking, I know)
“As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment,” Gates said on CNBC’s “Squawk Box.”
“I agree I would short it if there was an easy way to do it,” he said.
Anyone who thinks the entire "value" of crypto isn't a giant pyramid scheme (or pump and dump) is deluding themselves