Four main arguments for purchasing bitcoin have been put up by Mexican millionaire Ricardo Salinas: diversity, long-term growth potential, and defense against inflation and currency depreciation. In addition, he gave the following advice: “You have to know how to invest and be patient; don’t get excited when the market rises and sell, and don’t get … Read more
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has described the “very real economic difference” between fiat currencies like the dollar and cryptocurrencies like bitcoin. The head of the SEC pointed out, “You have a whole central bank, and support for one currency, generally per economic region,” noting that bitcoin doesn’t … Read more
Anthony Scaramucci, the founder of Skybridge Capital, has clarified that it is still possible to purchase bitcoin. He predicts that many people are questioning if they missed the chance to purchase bitcoin as its price has surged beyond $50,000. Scaramucci emphasized that he has a firm “no” to that. Anthony Scaramucci: Should You Invest in … Read more
Cryptocurrency is not a wise investment, according to personal finance expert and best-selling author Dave Ramsey’s company Ramsey Solutions. We do not predict the demise of cryptocurrencies. We also don’t think it’s awful. But for now, simply say no,” the Ramsey Solutions group counseled. “Just Say No” to Cryptocurrency Is Ramsey Solutions’ Advice An essay … Read more