Buying DogeCoin Is Just A Gambling : Micheal Saylor
Micheal Saylor, CEO of MicroStrategy, said you can gamble on DogeCoin as much as you can afford according to family situation. Indirectly he tried to criticize DogeCoin buyers.
In an interview on 3July with Sven Henrich, who is a Northman trader, Micheal Saylor compared DogeCoin Investment with a Russian roulette game in Las Vegas.
He said
I’m gonna buy Dogecoin before Elon Musk goes on Saturday Night Live. I’m gonna go to Vegas and I’m going to bet on black.
Micheal believes that most of the billionaires don’t think it’s bad to gamble on DogeCoin Investment. It is much the same with the gambling games. And every person can do it until he will impoverish his family.
“We shouldn’t tell adults they can’t. If they wanna gamble on sports outcomes or if they wanna gamble in Vegas, or if they wanna gamble on a meme…As long it’s in your gambling bucket and you’re not going to impoverish your family.
Further he added that we should not tell these things to adults because they can’t handle gambling on DogeCoin. But if people can gamble on sports outcomes or then they can gamble but be always careful with the limit that you have only for gambling.
According to Saylor, the person who believes in Cryptocurrency from the point of concept use and potential future, can make lots of money.
And also he further added that regulation uncertainty is a Biggest part of Cryptocurrency market. Every Cryptocurrency comes into this blanket of regulation uncertainty.
Most of the decentralised exchange and decentralised applications are really risky projects/things for the regulation of Cryptocurrency market by authorities.
And he talked about the main thing which is a Biggest problem in Cryptocurrency right now, from the point of view of the SEC.
Related: SEC & CFTC Warnings For Bitcoin Future Traders
According to him, if Bitcoin and Ethereum futures are not a problem for regulatory authorities then surely Defi exchanges are not a big issue for these authorities.
Read also: Cryptocurrency’s Role In Ransomware Attack Is Alarm : Eric Swalwell
