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Why Is Crypto Crashing? | Crypto Town Hall With Mark Cohodes

The Wolf Of All Streets

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The Uneasy Truth About Cryptocurrency

I think we have to face the uneasy truth that a lot of people and I would say 99% of the capital flowing into the space is people speculating wanting numbers to go up. We need to really drive the use cases, not so much only the speculation. The US has this low risk right now in really kind of going against crypto. Because they are saying, in the worst case, we are kind of shutting down an online casino. There's very little actual use case. And I don't know, if over the next year or two, some of these use case, then I don'tknow, they're going to reverse all this.

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