4min chapter

Deconstructed cover image

Is Crypto a Big Scam?

Deconstructed

CHAPTER

Do You Know Who's Taking Your Money?

Jay Parini: We have securities lists, we have cerios los, because of disclosure. But if you think the regulated markets are bad, i mean, imagine the unregulated ones,. Where there's no disclosure, where you have no idea. And regular people are not aware. They're hearing from social meia, from their friends, "Hey, ive made a bunch of money in crypto," and then they lose their money or can't get the money out. It's a recipe for fon.Parini: Just have the s c c regulate these crypto securities and then have the fed create a digial currency with more direct access to it.

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