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YouTuber Marques Brownlee Owns Bitcoin: Why He Still Sees Cryptocurrency As 'All Just Gambling'

Published 05/12/2022, 13:19
Updated 05/12/2022, 14:41
© Reuters.  YouTuber Marques Brownlee Owns Bitcoin: Why He Still Sees Cryptocurrency As 'All Just Gambling'

Benzinga - Marques Brownlee, a popular YouTuber, said that though he owns some crypto, he believes it is “all just gambling.”

What Happened: Brownlee recently shared his "true thoughts" on cryptocurrencies via his YouTube page. He stated that while he is constantly looking into the possibilities of Web3, blockchain, and Bitcoin (CRYPTO: BTC), he cannot help but remain skeptical.

“I’m always trying to see the potential future of Web3, blockchain and Bitcoin, but I’d still consider myself a skeptic.”

In a recent podcast with ‘DR Mike’, Brownlee noted that his interest in non-fungible tokens, or NFTs, is “almost close to zero.” He maintained that NFTs and cryptocurrencies do not possess any concrete worth.

See More: Best Crypto Apps

When asked by DR Mike whether he holds any crypto. Brownlee said “Yes” but “it doesn’t really matter” as he cannot “use it for anything.”

“Crypto is all about making money, if you invest, the price goes up and you make money, but what else, what other reasons? I need other reasons.” He noted that he holds Bitcoin and will continue to hold it.

Price Action: At the time of writing, Bitcoin was trading at $17,328, up 1.88% in the last 24 hours, according to Benzinga Pro.

Read Next: Coinbase (NASDAQ:COIN) CEO Says Sam Bankman-Fried's Hedge Fund Used $8B Of Stolen Customer Money: 'Even The Most Gullible Person Shouldn't Believe…'

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

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