Bill Ackman is an investor known for being skeptical of cryptocurrencies in general and hating Bitcoin in particular. Recently, however, this investor seems to be conveying an entirely different message. Bill Ackman has already approved the Helium cryptocurrency project. On his Twitter news feed, he shared his thoughts on the future of the cryptocurrency market.
Encryption is here to stay
Despite the recent cryptocurrency events, Bill Ackman remains optimistic about the future of the crypto world. However, this is what this investor alluded to A thread of tweets Posted on November 20.
In concrete terms, it compares encryption to the telephone and the Internet. Both of them have contributed a lot to today’s society. Bill Ackman believes that cryptocurrency can help the growth of the global economy. According to him, cryptocurrencies can promote the formation of useful businesses and technologies that could not be created until now.
Monitoring and proper regulation are essential
Bill Ackman believes in the future of cryptography. However, he remains clear in his words. He argues that cryptocurrency facilitates fraud. He cites the case of unethical promoters who can create codes to facilitate pump-and-dump schemes.
Bill Ackman raises another core issue: the misuse and fraudulent use of cryptocurrency to create illegal businesses. According to him, these fraud problems can be avoided by putting them into practice regulatory frameworks Strict and appropriate.
Through these actions, cryptocurrencies will help establish legitimate businesses. It can even be beneficial to the development of the global economy.
“Crypto is here and it will remain,” with this sentence the American investor declares his confidence in the future of cryptocurrencies. However, Bill Ackman calls on the legitimate players in the cryptocurrency ecosystem to join forces. The goal: eliminate the scammers!
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My name is Ariella and I am 31 years old. I have been working in web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago. But this universe interests me a lot. And the topics covered within the platform allow me to learn more. As a singer in my spare time, I also cultivate a great passion for music and reading (and animals!