Bill gates stated he'd short Bitcoin, if he could.
( Photo from CNBC )
It seems they don't want the average citizen to be able to make a decent amount of cash from crypto. How is it a man who literally stole his idea to rise in fortune is attempting to make these assumptions? I understand the market can be volatile, but that's the name of the game. Along with the SEC, it seems everyone has their targets set on strictly regulating cryptocurrency.
I can understand that they don't really want average people to enjoy nice things, or invest in things they really believe in. Hell, I never thought I'd be investing in stocks and I'm still not. Instead I've got some of my money into the coins I believe in. It's kind of sad to see these ultra wealthy people trying to come down so hard on it. Hypocrisy at it's finest.