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3232New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory
https://www.digit.info/new-philippines-central-bank-governor-crypto-investors-are-adherents-of-the-greater-fool-theory/
Wed, 22 Jun 2022 11:30:58 +0000https://www.digit.info/2022/06/22/new-philippines-central-bank-governor-crypto-investors-are-adherents-of-the-greater-fool-theory/Read more]]>The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money from the government.” A ‘Very Scary’ Investment Strategy The new […]
]]>Mad Money’s Jim Cramer Invests in Crypto Because ‘There Could Be Millions of Greater Fools Out There’
https://www.digit.info/mad-moneys-jim-cramer-invests-in-crypto-because-there-could-be-millions-of-greater-fools-out-there/
Sun, 31 Oct 2021 03:30:10 +0000https://www.digit.info/2021/10/31/mad-moneys-jim-cramer-invests-in-crypto-because-there-could-be-millions-of-greater-fools-out-there/Read more]]>The host of Mad Money, Jim Cramer, has some advice for crypto investors. “As long as you recognize the very real possibility that the whole investment case for crypto rests on the greater fool theory, you’ve got my blessing to speculate on it,” he said. Cramer added that he is holding ether because he believes […]