
The worst week in crypto history... so far.
Many Happy Returns
The Red Flags of Cryptocurrency
If I'm seeing speculative companies spending huge amounts of dollars on celebrities and advertising in the Super Bowl, I'm thinking twice about putting money with them. There isn't a global regulator. There are just individual country regulators. So simply by moving domicile, these companies can kind of get around it. But if you sell financial services into a country, then he thinks you should be regulated also by that country's regulator. If I was going to hold any cryptocurrency, I would definitely try and self custody and not be reliant on an exchange for holding it.
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