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“Billionaire investor Howard Marks says cryptocurrencies ‘aren’t real'” – Business Insider | $2533.79

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Howard Marks, billionaire investor and founder of Oaktree Capital Management is adamant about his stance on cryptocurrencies like bitcoin, Ether and others: “They’re not real.”

“Some people are eager to speculate on digital currency for profit,” he writes. “Others want to put a little money into these to-date-profitable phenomena rather than run the risk of missing out. But they’re not real!”

Eulogy made by: Howard Marks

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Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including investments in gold and, since early 2013, Bitcoin. While not extensively tech-savvy, I've immersed myself in Bitcoin through dedicated study, persistent questioning, hands-on experience with ecommerce and marketing ventures, and my stint as a journalist. Writing has always been a passion of mine, and presently, I'm focused on crafting informative guides to shed light on the myriad advantages of Bitcoin, aiming to empower others to navigate the dynamic realm of digital currencies.

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1 comments on ““Billionaire investor Howard Marks says cryptocurrencies ‘aren’t real'” – Business Insider | $2533.79”

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  1. This is another example of an uninformed outsider making uninformed statements. It’s painfully obvious that he has little knowledge about the utility of bitcoin and it’s underlying technology, the blockchain.

    To state that bitcoin has no use cases other than speculation is absolutely ridiculous. Either Marks is too lazy to do even a modicum of research, or he is so embarrassed that he’s missed this incredible opportunity that he feels a need to publicly poo poo what is proving to be one of the greatest opportunities for financial gain in a generation.

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