Billionaire Sam Zell: I’ve Stayed Away From Bitcoin at All Costs
The billionaire founder and chairman of Equity Group Investments, Sam Zell, says he is staying away from bitcoin at all costs. He explained that he does not understand the cryptocurrency and believes that a currency without the backing of a government is unlikely to work. Sam Zell Remains Skeptical of Bitcoin While a growing number of billionaires and hedge fund managers are embracing bitcoin, Sam Zell, the founder and chairman of...
Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’
Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill Gates on Crypto and NFTs Microsoft co-founder Bill Gates talked about cryptocurrency and non-fungible tokens (NFTs) at this year’s Techcrunch Sessions: Climate 2022 event Tuesday....
Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other collateral,” the executive explained. Microstrategy Hasn’t Received a Margin Call Microstrategy CEO Michael Saylor debunked the rumor that his company is close...
GAIMIN Launches the World’s First Interoperable, Cross-Game, Utility NFT – GAIMIN’s NFTxg
PRESS RELEASE. GAIMIN has solved a key issue for gamers – re-usable, purchased in-game assets that are not lost when a game closes or the gamer wants to play a different game. With GAIMIN’s world first NFTxg, a gamer can now securely invest in their gaming experience and retain ownership of a cross-game asset inventory. GAIMIN’s NFTxg delivers true cross-game, cross-device, interoperable utility NFTs to moddable AAA games, enabling a...
‘Pirate’ Streaming Apps Beat Netflix and Disney in Brazil’s Play Store
Over the past decade, mobile applications have become the standard platform for most people to consume content online. Whether it’s for shopping, news, or entertainment, there is a mobile app available for any type of content. This shift in consumption patterns is not limited to legal content; streaming piracy has gone mobile as well. Pirate streaming apps often have to be sideloaded onto devices but can be occasionally found in...
