More Bitcoin Obituaries

in crypto •  2 years ago 

Bitcoin has died 471 times, according to https://99bitcoins.com/bitcoin-obituaries/.

Here are some more knives:

WWW Creator Thinks Crypto Resembels (sic) Gambling

In a recent appearance on CNBC, the British computer scientist best known for creating the World Wide Web – Tim Berners-Lee – warned investors to stay away from cryptocurrencies as they are “speculative” and replicate gambling.

He also described the crypto sector as “dangerous” and saw similarities between its current status and the Dot-com bubble from the late 1990s. Numerous Internet-based companies were the biggest trend back then, and a colossal amount of capital flowed toward them.

He also has a little dig at so-called "web3", as Web 3.0, the supposed semantic web, was due to be the next leap forward. Perhaps we get AI instead, a controlled and ring-fenced intelligence that only believes what it is fed... kinda like humans.

Hunka Munger also gets more public oxygen:

Most recently, he claimed cryptocurrencies are “worthless” and “totally absolutely crazy, stupid gambling” options. The 99-year-old finds it “ridiculous” that anyone would want to purchase such assets, calling those who oppose his position “idiots.”

But why would he care? Don't forget how he did the same thing with the dotcom "bubble" so that Berkshire Hathaway stood aside.

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