He has also been predicting that "Bitcoin bubble will burst" for the past few years, and he's been wrong about it so far.
So yes, I would say he is clueless when it comes to Bitcoin.
He has also been predicting that "Bitcoin bubble will burst" for the past few years, and he's been wrong about it so far.
So yes, I would say he is clueless when it comes to Bitcoin.
If tomorrow your government wakes up and make "dangerous cryptocurrencies" illegal because "criminals use them" they can do that.
The reason Bitcoin value is skyrocketing is mainly speculation. People buy because they want to get rich and quit their crappy job.
There is literally nothing that can't be replicated tomorrow and have the same technological characteristics of Bitcoin. Actually, other cryptocurrencies are even better.
At some point, governments will have their digital cryptocurrencies to track you even better than with the current system.
It crashed in 2018, it lost 65% of its value.