Father of internet warns: Cryptocurrency is as dangerous as gambling

The inventor of the World Wide Web, 99-year-old Tim Berners-Lee said that cryptocurrency is as dangerous as gambling. If digital currency is converted into legal currency immediately upon receipt, then digital currency is useful for remittances. Munger said that cryptocurrency is a bet, and the bookmaker has almost a 100% advantage. The United States should now enact federal laws to ban cryptocurrency. “Cryptocurrency is not money, not a commodity, nor a security.”