.MohnishPabrai is convinced that cryptocurrencies are heading to zero
, claiming that the worst is yet to come for digital assets despite a significant correction.
The Indian-American businessman and philanthropist believes that cryptocurrency stocks and crypto-related investments will be worth"a big zero" in the end. This is not the first time that the disciple of billionaire Warren Buffett has criticized cryptocurrencies. During his appearance on the"Everything Money" podcast back in December, Pabrai complained about the rapid proliferation of new coins."There's new currencies and new currencies being created every hour," he said.
Back then, the value investor predicted that the $3 trillion industry would disappear, hurting a lot of people.
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