Investing in crypto is like gambling, according to World Wide Web creator Tim Berners-Lee Bitcoin crypto cryptocurrency
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“It’s only speculative. Obviously, that’s really dangerous,” Berners-Lee told CNBC. ”[It’s] if you want to have a kick out of gambling, basically. Investing in certain things, which is purely speculative, isn’t what, where I want to spend my time.” Many in the crypto industry are focused on the development of Web3, a decentralized version of the internet that runs on blockchain technology and takes away some of the power from companies like Google and Facebook that currently dominate the market.
"If people want to hold such an asset, then go for it," Waller said. "However, if you buy crypto assets and the price goes to zero at some point, please don't be surprised and don't expect taxpayers to socialize your losses."
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