All credit to @CNBCtelevision in this SATIRE video NOT to be taken seriously, manifested in this #reaction or #reactionvideo via #remix
Ben McKenzie is an actor in Hollywood who has made it clear that he doesn't trust cryptocurrencies. McKenzie told CNBC in a 2022 interview that he thinks cryptocurrency is "a Ponzi scheme or multi-level marketing" and is "not a real investment." He also said that the lack of rules and the high risk of fraud in the cryptocurrency business were bad things.
People have had different thoughts about McKenzie's criticism of Bitcoin. Some people agree with his opinion about cryptocurrencies, while others think he just doesn't know much about them. In a follow-up talk with CNBC, McKenzie said that he is interested in learning more about cryptocurrency, but that he is still very worried about the risks.
Here are some of McKenzie's specific complaints about Bitcoin:
Bitcoin isn't backed by anything real, so its value is completely based on speculation. The cryptocurrency market is very volatile, so prices can change a lot. In the bitcoin business, there is a high chance of fraud. Bitcoin is not a currency that can be used every day.
The things McKenzie says about Bitcoin are not completely wrong. But it's important to remember that there are also a lot of people who think Bitcoin is a good investment that could change the way we think about money. In the end, it's up to you to decide if you agree with McKenzie's view of Bitcoin or not.
McKenzie has talked about cryptocurrency on CNBC, and he has also written about it in his book "Easy Money." In the book, McKenzie says that cryptocurrency is a "dangerous bubble" that is about to burst. He also says that Bitcoin mining is bad for the earth.
Not everyone agrees with McKenzie's thoughts on cryptocurrency. But his comments have helped make people more aware of the risks of investing in Bitcoin. Before putting money into any cryptocurrency, you should do your own study and be aware of the possible risks.
