Wed, April 24

Shaquille O’Neal Doubts Crypto Avidly

Shaquille O'Neal Doubts Crypto Altcoin News

The ever legendary Shaquille O’Neal, hall of fame for the NBA speculates on cryptocurrency. The pro basketball player says he doesn’t believe in it and he still doubts the ethical values of the industry. 

Shaquille’s Opinions

The debate on whether cryptocurrency and all its related elements are legitimate has been going on for ages. But with the rise of the industry globally, many tend to indulge themselves in reaction to cryptocurrencies, one way or the other. Moreover, all these have in fact reduced the negative criticisms put forth by various financial critics and much more.

However, it’s been quite a long time since a celebrity has ever thrashed and raised pessimistic comments upon the cryptocurrency industry. The ever legendary NBA hall of fame, Shaquille O’Neal is now the latest addition to this rare list. 

In a recent sports interview, he was questioned regarding his views upon crypto. Accordingly, Shaquille O’Neal’s replies took everyone by surprise. The pro player states he doesn’t believe in cryptocurrency at all. Also, he reveals he will invest only in what he firmly believes in rather than in something imaginary. 

Consequently, he utters, he would never invest in any business which is too good to be real.

On the other hand, he reveals that he has been approached many a time by many crypto officials with money even as high as $9000,000 just for a single tweet from him up to their respective cryptocurrencies.

With such radical market moves going on, Shaquille O’Neal questions the legitimacy of the entire crypto industry.

Shaquille O’Neal’s Personal Opinions

Furthermore, Shaquille O’Neal states he still doesn’t understand how the entire crypto industry operates. Also, he states many of his surrounded people in his circle or indirectly using him to impose for such crypto-based promotions.

In addition, Shaquille O’Neal says that he wouldn’t be part of any business which is difficult to explain.

Also, he states, whatever he invests is for the benefit of his people and him, rather than increasing his financial income. 

Besides, he carries on many of the retired players, nearly 75% after the finish of their career usually end broke desperately. Also, he adds he doesn’t want to end up on that list.

Moreover, the NBA star is also a businessman evidently, but he yet did not reveal any further information regarding his business or investments.

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A Project Engineer by profession, a writer by passion. Especially into the critics and skeptics on cryptocurrency. His fascination towards the crypto world and his personal experience on it has made him a writer with a taste.