Crypto is a religion not an investment, investor Mark Mobius says

Global investor Mark Mobius on Wednesday described cryptocurrency as a debt, joining a group of crypto skeptics at a time when bitcoin and ether are trading near all-time highs. It’s not an investment, it’s a debt,” the founder of Mobius Capital Partners said on Squawk Box. “People shouldn’t look at these cryptocurrencies as a way … Read more

Twitter and Square CEO Jack Dorsey says ‘hyperinflation’ will happen soon in the U.S. and the world

Jack Dorsey, CEO of Twitter and the co-founder and CEO of Square, speaks during the Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Twitter founder Jack Dorsey has shared the topic of spiraling inflation in the US, saying things are only … Read more