In the latest development, a report has it that after reports surfaced that Facebook is creating a new Blockchain group, fresh media reports have claimed that the social networking giant is also exploring the creation of its own cryptocurrency. According to the tech website Cheddar, Facebook is “very serious about it”. However, “people familiar with … Read more
Microsoft co-founder Bill Gates said Monday he would bet against bitcoin if he could. “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment,” Gates said on CNBC’s “Squawk Box.” “I agree I would short it if there was … Read more
Microsoft co-founder Bill Gates said Monday he would bet against bitcoin if he could. “As an asset class, you’re not producing anything and so you shouldn’t expect it to go up. It’s kind of a pure ‘greater fool theory’ type of investment,” Gates said on CNBC’s “Squawk Box.” “I agree I would short it if there was … Read more