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At a trillion dollar marketcap (more for the whole crypto sphere), it's obviously not inconsequential. If you believe it's a speculative, ponzi scheme (not say
by purple_ferret 5y ago
At a trillion dollar marketcap (more for the whole crypto sphere), it's obviously not inconsequential.
If you believe it's a speculative, ponzi scheme (not saying it actually is) where the money winds up in Singapore or wherever, do you want your population investing in it?
>[In 2018] Some estimates state at least 30 percent of South Koreans have invested in them. Simon Kim, CEO of Hashed (Korea’s leading crypto fund) told me that number could be as high as 50 percent among white-collared professionals.[0]
Would you not be worried about this?
[0]https://venturebeat.com/2018/07/14/why-south-korea-is-crypto-crazy-and-what-that-means-for-the-rest-of-the-world/ https://venturebeat.com/2018/07/14/why-south-korea-is-crypto...