Experts to CNBC: US Dollar, Not Bitcoin, is the Future Digital Currency
Experts recently told CNBC that the dollar, not bitcoin, is the future of digital currency.
The Wall Street legend still owns far more gold, but said if gold does well, bitcoin will do better.
With blockchain puppets (we really mean it) on TV, CNBC pushing the bitcoin-as-gold narrative and The Guardian seeing connections between coronavirus and bitcoin's recent rally, we've got a lot to talk about on today's episode of The Breakdown.
"That's the opposite of what happens with most stocks," the mutual fund legend added.
The business mogul critiqued Morgan Creek Digital Anthony Pompliano's financial holdings, comparing cryptocurrencies to "Vegas games"
Jamie Dimon once called bitcoin a fraud – now he's saying "just beware."