Cryptocurrencies are not real, there is probably a cryptocurrency Bubble

[Camilajane]

Oaktree’s Howard Marks speaks about the cryptocurrency, private equity, credit markets, stock markets. “He wrote in his letter to investors that everything is overvalued”

He had a closer view on cryptocurrencies and said it is not real. Furthermore, he said they are “nothing but an unfounded fad (or perhaps even a pyramid scheme)”.

This drives many to think on the part of cryptocurrencies as biggest valuation bubble with the dot-com era. Meantime there is also an incontestable excitement of their growing scope in cryptomarket.

David Sacks, Former PayPal COO who was also early investor in Facebook, Airbnb, SpaceX and Uber said on Twitter last week.

[Fred Dagg]

I had a nightmare thinking cryptos are all by design from higher powers. The ones that don't want to lose their powers.... What if ....my nightmare was true & this is just a way for the elites to get rid of cash totally & then just seize all our accounts easily because everything is on the internet, offline or not ! ?

[rizzlarolla]

Oaktree’s Howard Marks speaks about the cryptocurrency, private equity, credit markets, stock markets. “He wrote in his letter to investors that everything is overvalued”

He had a closer view on cryptocurrencies and said it is not real. Furthermore, he said they are “nothing but an unfounded fad (or perhaps even a pyramid scheme)”.

This drives many to think on the part of cryptocurrencies as biggest valuation bubble with the dot-com era. Meantime there is also an incontestable excitement of their growing scope in cryptomarket.

David Sacks, Former PayPal COO who was also early investor in Facebook, Airbnb, SpaceX and Uber said on Twitter last week.

You write for Yahoo finance as well now? Plagiarist.
https://finance.yahoo.com/news/cryptocu ... 42644.html
Oaktree's Howard Marks sounded a general alarm last week about the state of stock markets, private equity, credit markets and — for good measure — new digital currencies like bitcoin and ethereum. Essentially, he wrote in his letter to investors that everything is overvalued.

On the cryptocurrencies, he went further. He stated several times that they're "not real." Furthermore, he said , they are "nothing but an unfounded fad (or perhaps even a pyramid scheme)."

Cryptocurrencies may indeed be in the biggest valuation bubble since the dot-com era.

At the same time, there is undeniable excitement about their potential today among the top tier of venture capital investors.

Former PayPal COO David Sacks, who was also an early investor in Airbnb, Facebook, Palantir, SpaceX and Uber, tweeted last week that cryptos are the best candidate we've had for the next big thing in Silicon Valley (Web 3.0):

[Neoclassical]

Dollars are not real as well.