Crypto News 29/04 Warren Buffett Claims Cryptos are GAMBLING!!!
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1."Lee"-Charlie Lee: ‘To make Litecoin More Decentralized, Eventually I Would Step Away’;
Charlie Lee, former director of engineering at Coinbase crypto exchange and the creator of Litecoin (LTC) has expressed his intention to make the altcoin a global decentralized cryptocurrency in an interview with TenX made Friday, April 27. He also claimed that that goal would require him to eventually “step away” from Litecoin as its leader. In the interview, Lee suggested that Litecoin and Bitcoin (BTC) are “working close together,” claiming that the coins are mutually reinforcing each other and are used for different purposes. Lee stressed the decentralized nature of Bitcoin provided by its anonymous creator as its key feature, which is missed at Litecoin.
2."Buff"-Buying Bitcoin Is Not Investing, Claims ‘Oracle Of Omaha’ Warren Buffett;
87-year-old American investor and CEO of Berkshire Hathaway, Warren Buffett, has again scorned investment in cryptocurrencies, claiming that “buying Bitcoin is not investing,” in an interview with Yahoo Finance in Omaha, Nebraska, today, April 28. Buffett went on to suggest that such investments are merely a speculative “game” and a “gamble” and that “no one knows exactly what it [Bitcoin] is.” The so-called ‘Oracle of Omaha’ has repeatedly poured contempt on the crypto industry, claiming with oxymoronic “almost certainty" that cryptocurrencies “will come to a bad end,” in an interview this January, all the while admitting that cryptocurrencies are “something I don't know anything about.”
3."BCASH"-Outraged Pro-BTC Community Alleges Bitcoin.com Is Misleading Buyers Into Buying BCH;
A Bitcoin (BTC) supporting community movement has evidently been galvanized, alleging that Bitcoin.com is misleading buyers into purchasing Bitcoin Cash (BCH) instead of Bitcoin, with outraged users launching a website bitcoincomlawsuit.info to gather claimants and donations Friday, April 27. As the aggrieved users point out, Bitcoin.com, which provides a BTC and BCH-supporting wallet, shows buyers both cryptocurrencies’ logos in the same color (unlike, for example, wallet and exchange service Coinbase), as well as unusually referring to Bitcoin as ‘Bitcoin Core’, the name of its software client, rather than the more widely recognizable ‘Bitcoin’. Many indignant users have gone so far as to suggest these practices amount to “fraud”.