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Mark In Colorado's avatar

I can see crypto leading to a broader market crash.

Being unregulated, it appears to be a Ponzi scheme, a haven for obscuring the funds from criminal activity, and a way to hide wealth.

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Jean in Florida's avatar

If it looks too good to be true, it’s too good to be true. There are too many folks who want to get rich quick & will jump right on this Ponzi scheme & lose their hard earned dollars in the end.

If the money that lobbyists & corporations spend on influencing congressional members was spent on helping working-class Americans, it would be a much better world for all of us.

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A. Hofferkamp's avatar

What's next? Using crypto to invest in retirement accounts? Making crypto the standard instead of the dollar?

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Andrew's avatar

This will probably end up being Trump's Act 2 to Covid - a massive financial crash along the lines of 2008, thus securing his legacy as the absolute worst president in US history - not that that point was in contention.

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Jonathan Reiss's avatar

Crypto bought DC even before it bought Trump.

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