Wednesday, June 22, 2022

New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory

The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money from the government.” The new governor of Bangko Sentral ng […] The post New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory first appeared on PR Business News Wire.
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