A Cryptocurrency Pioneer Just Issued a Huge Word of Caution for Investors

The wild swings in the value of Bitcoin and other cryptocurrencies lately should reinforce the idea that they are not sound long-term investments—and that investors should only buy as much as they can afford to lose. If this sounds overly cautious, consider the recent insights of someone who you might …
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Independent Ratings Agency Alerts Investors About Dangers of Tether (news.bitcoin.com)

Another outside observer of the controversial tether cryptocurrency is warning about the dangers it presents for the uninterrupted operation of USDT exchanges. Weiss Ratings is seeking to educate investors on the systematic risk tether introduces to the ecosystem.
Also Read: Faced With Criticism IOTA Fans Try to

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India’s Tax Department Issues Notices to 100,000 Crypto Investors (news.bitcoin.com)

India’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders.
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Venezuela Found Foreign Investors for Petro Cryptocurrency Pre-Sale Starting This Month (news.bitcoin.com)

Venezuela says it has found a number of foreign investors for the pre-sale of its “oil-backed” national cryptocurrency, the petro. Starting this month, Venezuela is expected to pay companies from Brazil, Poland, Dinamarca, Honduras, Norway, Vietnam, and other nations for food and medicine imports with the petro.
Also read: Japan’s DMM

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“95% of Americans are not allowed by law to invest in start-ups. Only ‘accredited investors’ are entitled to do so, but you can buy lottery tickets all you want or go to Las Vegas to gamble.” This is why big money doesn’t like crypto

"95% of Americans are not allowed by law to invest in start-ups. Only ‘accredited investors’ are entitled to do so, but you can buy lottery tickets all you want or go to Las Vegas to gamble." This is why big money doesn't like crypto submitted by /u/dritjon
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