Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Users Told to Invest Only What They Can Afford to Lose Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these coins create no wealth, and buyers often lose everything […]
‘No Major Bank Could Survive It’—Peter Schiff Warns Fed Is Unprepared for Real Threat
The Federal Reserve’s stress tests ignore the real nightmare scenario, economist Peter Schiff warns, saying no major bank could survive the financial catastrophe that looms. Peter Schiff Warns of Financial…