Smart Money: If you don't know who the patsy is, you're the patsy
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Is Regulating Cryptocurrency a Bad Thing?
A lot of regular investors get hung up on big institutions having access to investments that we don't have access to. And it's interesting that sophisticated investors as they're called are actually at a disadvantage in a way because effectively what they sign up for is being marketed to and being able to discriminate scams. The whole point of the regulatory framework is that these companies can't market to unsophisticated investors if it's a high risk investment. That's the whole ethos behind things like usage schemes and authorized funds which is that they can't do dodgy stuff.
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