World Wide Web inventor Tim Berners-Lee calls crypto 'dangerous' and likens it to gambling

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World Wide Web inventor Tim Berners-Lee calls crypto 'dangerous' and likens it to gambling
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'It's only speculative. Obviously, that's really dangerous,' Tim Berners-Lee told CNBC. '[It's] if you want to have a kick out of gambling, basically.'

Tim Berners-Lee, the inventor of the World Wide Web, called cryptocurrency "dangerous" and likened it to gambling in an episode of CNBC's "Beyond The Valley" podcast.

Berners-Lee said, however, that digital currencies could be useful for remittances if they're immediately converted back into fiat currency when they're received. "Investing in certain things, which is purely speculative, isn't what, where I want to spend my time," he added.

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