Maybe he is right, and maybe he isn't. But guys like him and Soros are responsible for high levels of inequality and despite they are multimillionaires they still hide taxes and do various other crimes.
I'm not sure how much I agree with that. Is being wealthy a crime? Would you put Bill and Malinda Gates in that same category? Or even say Mark Zuckerberg, hes contributed more to humanitarian causes than you or I might ever. We can argue all day about intent, but at the end of the day do we say someone is apart of the problem for simply doing well in a system that incentives hostility?
So, he just says that cryptocurrency will come to a bad ending, but what's the reason? There's no explanation? I mean, don't get me wrong, warren buffet is an expert when it comes to investing, but saying that cryptocurrencies will come to a bad end without any further insights into his argument? I guess he's talking about his gut feeling or his expertise, but still, there should be a reason for it.
If we are talking about bitcoin, however, I do believe that someday it might be a crash (which can be said to any other altcoins), but if many people are coming in at once...BOOOM!! CRASH to be expected. I don't know much or anything about trading, but the basics I do know :)
Why oh why? I will not agree....
Maybe he is right, and maybe he isn't. But guys like him and Soros are responsible for high levels of inequality and despite they are multimillionaires they still hide taxes and do various other crimes.
I'm not sure how much I agree with that. Is being wealthy a crime? Would you put Bill and Malinda Gates in that same category? Or even say Mark Zuckerberg, hes contributed more to humanitarian causes than you or I might ever. We can argue all day about intent, but at the end of the day do we say someone is apart of the problem for simply doing well in a system that incentives hostility?
So, he just says that cryptocurrency will come to a bad ending, but what's the reason? There's no explanation? I mean, don't get me wrong, warren buffet is an expert when it comes to investing, but saying that cryptocurrencies will come to a bad end without any further insights into his argument? I guess he's talking about his gut feeling or his expertise, but still, there should be a reason for it.
If we are talking about bitcoin, however, I do believe that someday it might be a crash (which can be said to any other altcoins), but if many people are coming in at once...BOOOM!! CRASH to be expected. I don't know much or anything about trading, but the basics I do know :)
Winny out...for now ;)