Billionair claims cryptos are worthless

John Paulson was earlier today on David Rubenstein’s Bloomberg wealth  show. He mentioned, amongst others, that Cryptocurrencies is a bubble and worthless. He is not urging people to invest in cryptos. Instead he is suggesting housing investments for young adults.

In a qestion about gold invesment, he mentioned that yes, even today, gold is a good investment.

John Alfred Paulson (born December 14, 1955) is an American billionaire hedge fund manager. He leads Paulson & Co., a New York-based investment management firm he founded in 1994. He has been called “one of the most prominent names in high finance” and “a man who made one of the biggest fortunes in Wall Street history.” [Wikipedia.org]

Source: Bloomberg tv

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