Category: Martin Shkreli
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“I’d prefer crypto to have some intrinsic value.”
Martin Shkreli expresses significant skepticism regarding Michael Saylor’s enthusiastic promotion of Bitcoin, labeling it as implausible and highlighting BTC as a possible hedge to short MSTR. While acknowledging Bitcoin’s increasing institutional interest, he notes a disconnect with the average investor and underscores the need for more user-friendly transaction platforms. Shkreli conveys a bearish outlook on…
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Artificial Intelligence Bubble
An opinion from a sleazy but credible market participant. Shkreli draws parallels between the dotcom bubble of the late 1990s and the current hype surroundingĀ artificial intelligenceĀ (AI). He believes that the potential valuations of AI companies may lead to a bubble, but the long-term value may come from companies that emerge after the bubble bursts. Shkreli…