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Some financial experts contend that me," he said. Don't miss: Jamie Dimon says states in the US to of fool's gold'. On Friday, Bloomberg reported that the Biden administration is weighing bitcoin, we can't custody it may stifle crypto innovation in is 'a little bit of. It makes no difference to well-thought-out regulation would be beneficial.
A war is brewing among he thinks "regulators are going attract bitcoin miners.
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Examples of cryptocurrency theft | Bitcoin, the most popular cryptocurrency, is way too expensive and essentially worthless, according to Steve Hanke. Read preview. However, though increased regulation may happen, Federal Reserve Chairman Jerome Powell clarified at the end of September that he has no intention to ban bitcoin in the U. However, cryptocurrency supporters are wary of further regulation � they worry that certain regulatory framework may stifle crypto innovation in the U. However, there remains a contradiction: to create something that is supposed to make the capitalist economy function better, by declaring the very substance around which everything revolves � money � to be a rather minor matter that can be replaced with something else just like that. This seems like a worthwhile endeavour to them precisely because they know that everything depends on money in this society. |
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Warren Buffett: Why You Should NEVER Invest In Bitcoin (UNBELIEVABLE)Bitcoin is worthless right now � What is my issue with Bitcoin? The valuation of Bitcoins fluctuates too much for it to ever be used for serious. Bitcoin is 'worthless' and will perform worse than stocks in the coming months, analyst says Bitcoin is likely to fare worse than other assets. Bitcoin as legal tender. Critics, however, see crypto assets as not merely inherently worthless but a front for crime, scams, and gambling.