Good day friends,
Charlie Munger, vice chairman of Berkshire Hathaway, once again reminded of the naivety and stupidity that Bitcoin investors are gifted with. In his recent interview with the Wall Street Journal, this time he called cryptocurrencies "stinky", and needless to say, the newly awakened community lit up with a bright flame of dissent... Similar statements by veterans of the traditional financial sector are already evergreen. And they have their reasons.
The truth is that this world is their territory. Wherever they move, they are unlimited rulers. They don't need a future. They don't need cohabitation. They don't need money… Although I'm not so sure about that last one…
Charles Thomas Munger is an American billionaire, investor, entrepreneur and former real estate attorney. He is vice chairman of the Berkshire Hathaway conglomerate, which is controlled by Warren Buffett; Buffett described Munger as his closest partner and right-hand man. (Wikipedia)
Net worth: $2.6 billion (2023) (Forbes)
Well… well… the possibility of Bitcoin ETFs not being approved is not on the agenda. Maybe it's a little late and maybe it's already decided. However, there are specialists like Laurent Kssis, Crypto & ETF Trading Advisor at CEC Capital, who are toying with this possibility and even talking about it publicly! In case of rejection, he expects a drop to the $30,000 mark. If the SEC tightens up, the $25,000 limit may come – but don’t worry, we still have Halving…
Martin Leinweber, (Digital Asset Product Strategist at MarketVector Indexes) is of the opinion that any rejection will be a big disappointment. Bitcoin will lose its ability to integrate into the traditional financial system and anyone who can afford to will sue the SEC. Well please.
So what do we know for sure about the coming situation?
These will be fabulous investments and will make millions of more people rich.
Jim Cramer
And that's all for today take care and see you soon.
Of course, this is not financial advice.
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Final Autoclaim - A very versatile and proven faucet.
Ember Fund - train your market knowledge and earn some BTC
Mining blocks - mining simulation and faucet
Freecash - The best paying platform
Freebitcoin - no introduction needed, a matador for BTC crumbs
PipeFlare - if you have advice for mobile gaming and NFT
Cointiply - One of my favorites, decent earnings, hassle-free withdrawals
CoinPayU - A stable platform also suitable for content creators
source : cointelegraph.com, freepick, author
