There is still global controversy over the future of cryptocurrencies, and their feasibility. Billionaire Warren Buffett, the owner of Wall Street history, believes that it is like rat poison...a valueless asset that I do not own and will not own in the future..
According to Arab Net, Jamie Dimon, CEO of JPMorgan Group, said that Bitcoin is worthless and I will not buy it.
Axel Weber, president of the UBS banking group, said the concept of anonymous payment would not last.
As for the leaders who are optimistic about the future of cryptocurrencies, they are led by Elon Musk, the largest billionaire in the world, and he is one of the most promoters of cryptocurrencies, including Dogecoin, and his company, Tesla, invested $1.5 billion in Bitcoin.
And Jack Dorsey, the former CEO of Twitter, is optimistic about the future of cryptocurrencies to replace the dollar as the global currency.
Najib Boukila, the president of El Salvador, is the biggest crypto-obsessed, and he wants to create a mining city that would be funded by bitcoin-denominated bonds.