MicroStrategy CEO Michael Saylor believes it’s okay to gamble with Dogecoin (DOGE) as long as you don’t make your family poor.
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In an interview with NorthmanTrader’s Sven Henrich on July 3, MicroStrategy CEO Michael Saylor drew parallels between buying Dogecoin and playing Russian roulette in Las Vegas:
However, the billionaire believes that it is unethical to gamble on meme stocks or meme cryptocurrencies unless you impoverish your family:
Saylor claims that those who invest in cryptocurrencies by researching promising companies or use cases are actually investing in the future.
The MicroStrategy boss also says the regulator is vaguely a “bulge” for the entire cryptocurrency market:
He thinks decentralized exchanges and decentralized applications pose the greatest risk because they are “too ambitious”:
According to Saylor, decentralized private currencies such as the leading stablecoin Tether pose a “direct threat” to central bank digital currencies and therefore cannot escape the eyes of regulators. The billionaire expects his “Tether FUD” to have a ripple effect on Bitcoin and Ethereum.