Ben McKenzie explains the crypto crash
Some retail investors lost everything. "There are real consequences to these games," said the economist and actor.
Ben McKenzie explains why the cryptocurrency and NFT market crashed.
“We’re coming across horror stories of people who have lost their life savings, people who are considering suicide, they’ve lost family members,” said the economist and actor. “This is the pernicious part of things that resemble Ponzi schemes and multilevel marketing schemes.”
I don't believe 20% of the country - or even 10% - have purchased a significant amount of crypto. That's 35 million people. I don't buy it. Just like I don't buy crypto.