Crypto is a scam. Even those who invest in it don't understand how it works. In the past two weeks two cryptocurrencies collapsed when the folks who controlled them did a "rug pull" - they absconded with all the invested cash. This is probably going to happen more frequently because that market is not regulated, and for some reason, stupid people like to throw their money at investments they don't understand because of FOMO - fear of missing out. |