• Hedge fund billionaire Paul Tudor Jones says ‘Entire US regulatory apparatus is against Bitcoin’
• Bankrupt lender BlockFi to liquidate lending platform
• US debt default could make Bitcoin a top 3 asset: Survey
Hedge Fund Billionaire on Bitcoin Regulations
Hedge fund billionaire Paul Tudor Jones has recently come out and said that the „entire US regulatory apparatus“ is against bitcoin. This comes as no surprise as governments around the world have been looking for ways to regulate cryptocurrency.
BlockFi To Liquidate Lending Platform
In other news, the bankrupt lender BlockFi has announced that it will be liquidating its lending platform. This move follows a prolonged period of losses due to increasing competition in the crypto lending sector.
Survey Reveals Potential Impact of U.S Debt Default
A recent survey conducted by Bloomberg News‘ MLIV Pulse revealed that many investors now consider bitcoin to be a king of “digital gold” and it has become more popular than every fiat currency — including investor staples like the U.S. dollar, the Japanese yen, and the Swiss franc. The survey also found that if the U.S were to default on its debt, bitcoin could become the third most sought-after asset in the world—behind only gold and treasuries.
White-Collar Jobs Threatened by AI
Finally, an op-ed published by CryptoSlate recently suggested that artificial intelligence (AI) may pose a threat to white-collar jobs in what they referred to as „the dawn of post-knowledge era“. The article pointed out that AI systems are capable of doing many tasks faster and cheaper than human workers which could put those workers at risk of displacement or reduced wages.