Understanding crypto
The New Bazaar
00:00
The Socialization of Financial Bubbles
Some people who are putting their money in are not the kind of people who can afford to lose it. And so i think that's a real danger when the hype sort of drives itself. The problem of consumer protection is one that regulators in different countries are coming at, from my perspective, somewhat belatedly given the risks. Cas again, i contrasted to the advertising that appeared in the super bowl, where there were no disclaimers, right there. There was no notion of, by the way, this thing, as of the time of airing this ad, is down more than forty % from its peak, which it reached merely months ago.
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