Is the gulf between crypto believers and skeptics unbridgeable?

13 Sept 12:37 Key points summarised by AI

Recent cryptocurrency downturns, including Bitcoin's value slump and a drop in active traders, reflect broader economic anxieties and correlation with equity markets.
Prominent figures like Warren Buffett, Charlie Munger, and Nobel laureate Paul Krugman sharply criticize Bitcoin, deeming it without intrinsic value, 'stupid and evil,' and a failed currency.
Proponents such as Elon Musk and libertarians champion crypto as a decentralized, efficient medium of exchange, countering traditional financial systems.
While some traditional institutions cautiously advise crypto investment, experts note the difficulty in determining its intrinsic value, classifying it as largely speculative.

New home loan scheme aims to boost property sector with Bt125 billion

Today 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.