Crypto crash: Here’s why billionaire John Paulson’s ‘worthless’ call might be right
- Date: 10-Sep-2021
- Source: Yahoo News
- Sector:Technology
- Country:Middle East
Crypto crash: Here’s why billionaire John Paulson’s ‘worthless’ call might be right
It feels as though cryptocurrency has been deemed a worthless fad since Bitcoin first emerged from the guts of an anonymous engineer’s computer rig back in 2009.
While some of the criticism has come from the general public, who may not have a clear grasp on what cryptocurrencies are, how they work or why they possess any value whatsoever, some very clued-in financial minds have also questioned crypto’s rising prominence.