‘I won’t buy it even for $5’ – Rakesh Jhunjhunwala on bitcoins

  • I will never buy bitcoins in my life.

  • The regulators must ban cryptocurrencies in India.

he added Asked whether you will buy bitcoins, big bull Rakesh Jhunjhunwala answered, “I won’t buy it for even $5.” In an interview with CNBC International TV, the ace investor said, “Only the sovereign has the right to create currency in the world. Tomorrow people will produce 5 lakh bitcoins, then which currency will go? Something which fluctuates 5-10% a day, can it be considered as currency?”

      Goods & Services are the real economy – Tesla CEO

Weekends have not been welcoming for cryptocurrencies for past some time, and to add to the growing woes, Tesla CEO Elon Musk has again rattled the digital coins through his social media posts. On Sunday, Musk tweeted that “Goods & Services are the real economy, any form of money is simply the accounting thereof.”

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