Mexico’s Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economy and bitcoin Wednesday. He is the founder and chairman of Grupo Salinas, a group of companies with...
JPMorgan CEO Jamie Dimon Warns People to Be Careful When Investing in Crypto Citing ‘No Intrinsic Value’
The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.” JPMorgan Boss Jamie Dimon Warns About Investing in Crypto JPMorgan Chase and Co’s (JPM.N) chief executive officer, Jamie Dimon, shared his thoughts on the U.S. economy, inflation, China, and cryptocurrency in an interview with...
US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers
U.S. Senator Sherrod Brown has sent letters to cryptocurrency exchanges and stablecoin issuers, including Coinbase, Gemini, Binance, and Tether, asking how they are protecting consumers and investors. “I have significant concerns with the non-standardized terms applicable to redemption of particular stablecoins,” the senator said. US Senator Raises Concerns Regarding Stablecoins U.S. Senator Sherrod Brown (D-Ohio), chair of the U.S....
Filmmakers Want ISP to Share Personal Info of Thousands of Pirates
Over the past two decades, online piracy has proven a massive challenge for the entertainment industries. Some copyright holders have tried to go after individual pirates in court but, increasingly, third-party intermediaries are targeted as well. There are several lawsuits pending in US courts where rightsholders accuse Internet providers of not doing enough to stop piracy. One of the main allegations is that ISPs fail to terminate...
Online Piracy Increases Among Young Finns, But Legal Consumption is Up Too
Finnish market research company Taloustutkimus Oy has published its Copyright Barometer report for 2021. It aims to shine light on the content consumption trends of 15 to 79-year-olds and corresponding attitudes towards copyright and piracy. Overall, nine out of ten Finns cited copyright as an important issue with only 2% finding it either very or fairly useless. Almost half perceive copyright as enabling (49%), with just 12%...
