[IntelMiner]

If you read beyond the headline (shocking, I know)

“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 an easy way to do it,” he said.

Anyone who thinks the entire "value" of crypto isn't a giant pyramid scheme (or pump and dump) is deluding themselves

[kikimora]

Just thinking about bitcoin utility. Could it be wise for a country to hold it reserves in Bitcoin. Just in case other country tries to freeze its holding.

[kaibee]

Anyone who thinks it's a wise financial decision to bet against fools is gonna lose a lot of money.