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Accredited investors getting burned is not same as a national policy of grey zero loan restrictions, and the crypto was mostly retail investors using their Vega
by nipponese 8y ago
Accredited investors getting burned is not same as a national policy of grey zero loan restrictions, and the crypto was mostly retail investors using their Vegas money. You have to remember that it wasn't loan fraud that broke Wall Street's back in 2008, it was the the unregulated derivatives market of uncalculated risk... and that risk still exists today.
https://www.investopedia.com/ask/answers/052715/how-big-derivatives-market.asp https://www.investopedia.com/ask/answers/052715/how-big-deri...