WWW Creator Thinks Crypto Resembels Gambling

WWW Creator Thinks Crypto Resembels Gambling

Tim Berners-Lee – the inventor of the World Wide Web (WWW) – believes cryptocurrencies are “dangerous” and investing in them is similar to gambling. 
However, he argued they could be useful for conducting transactions if converted into fiat when received.
Not a Crypto Fan
In a recent appearance on CNBC, the British computer scientist best known for creating the World Wide Web – Tim Berners-Lee – warned investors to stay away from cryptocurrencies as they are “speculative” and replicate gambling.
“Investing in certain things, which is purely speculative, isn’t what, where I want to spend my time.”

Tim Berners-Lee, Source: CNN
He also described the crypto sector as “dangerous” and saw similarities between its current status and the Dot-com bubble from the late 1990s. Numerous Internet-based companies were the biggest trend back then, and a colossal amount of capital flowed toward them.
However, speculation was also on a high level, and many failed to turn a pr

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