'Big Short' investor Michael Burry says governments may 'handicap' bitcoin – and doubts it can disrupt global finance

Burry has called bitcoin a "speculative bubble" fueled by debt, and warned it has questionable long-term prospects.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. 'Big Short' investor Michael Burry says governments may 'handicap' bitcoin – and doubts it can disrupt global finance Burry has called bitcoin a "speculative bubble" fueled by debt, and warned it has questionable long-term prospects. READ MORE Premium The world's youngest self-made billionaire is proving Elon Musk wrong by bringing lidar — and self-driving savvy — to the mass car market Elon Musk thinks lidars are too expensive for consumer cars, but Luminar has convinced Volvo that it's cracked the code to slashing lidar prices. READ MORE LIVE EVENT: Join us March 8 to hear from leaders across the energy industry on building a new low-carbon economy During the live event, executives from Shell, Facebook, and other influential companies will discuss what it takes to build a clean energy economy. READ MORE Premium The Texas blackouts are fueling a massive market for solar energy — and Sunrun is set to cash in The Texas grid crisis, which plunged millions into darkness last month, is set to fuel demand for Sunrun's rooftop solar panels and batteries. READ MORE Earth's north magnetic pole is on the move — here's what will happen when our poles flip Our protective shield might soon go into a transformation that could threaten all the lives on Earth. READ MORE Premium For 2 weeks, PPP will only be open to firms with 20 or fewer employees. Here's how to apply. If you have 20 or fewer employees, apply for PPP funds now through March 10. READ MORE How a telehealth startup pivoted during the COVID-19 crisis, leading to 6x as many clients Spanish startup HumanITCare went from 3 clients to 20 during the coronavirus health crisis and expects to end 2021 with a turnover of $1.2 million. READ MORE Premium A major tax credit for businesses could be better than the PPP, and the good news is you could get both The IRS just released official guidance for the Employee Retention Credit, which could provide up to $14,000 per employee for eligible businesses. READ MORE Premium How a Harvard grad got her business acquired twice — most recently for $1.35 billion Lissy Hu's 8-year-old company CarePort Health has been acquired twice — by Allscripts in 2016 and WellSky in December 2020, for $1.35B. READ MORE Premium The rise and fall of Griddy, a startup that had big plans to disrupt Texas's $21 billion power market, then stuck customers with massive bills and got kicked off the grid Griddy pitched itself as a disruptor that could save Texans money on energy. Here's what went wrong. READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006