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Originally Posted by vtec to vvel
Reading up on the latest with crypto (but taking the media with a grain of salt). IMO, it's literally the same scenario that led up to the housing market crash in the late 2000s, but on a much smaller scale.
All my co-workers laughed at me for not getting into it. "The greater the risk, the greater the reward." Yes, the potential to make bank was there, but crypto is such a volatile investment that is not regulated, and that's what kept me away.
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To make money on it. You had to get in it at the very beginning. This idiot Bankman, with what he did. People are saying that he should go to jail. They are saying that this will be bigger than the Enron scandal.