99.9% of Crypto Is Worthless, Barry Silbert Says
During a recent conversation on “The Journeyman” podcast with financial expert Raoul Pal, Digital Currency Group founder Barry Silbert stated that 99.99% of cryptocurrency tokens are worthless.
“Over the last…13 years since I first bought Bitcoin…I’ve always been intellectually curious about everything else that’s coming out of our space. I think, for the most part, 99.9% of crypto tokens that are out there have no reason to exist and are worthless,” he said.
Silbert has noted that his bar for getting excited about something is “really really high.”
The “crypto king” remains bullish on privacy tokens of the likes of Zcash despite their…
