Why has crypto crashed?
The Briefing
00:00
Is There a Crypto Ratings Council?
I guess this downward spiral seen in the crypto markets over the last year or two is basically just a re invention and a re trial of everything the real financancial markets have gone through. What happened was you had an entire sector in crypto called defi de centralized finance. And it sounded great for a little while, cause you could earn a lot of money. Some were giving just insanena, like numbers that were so high they were clearly unsustainable. They were prite frauds. And some of them turned out to be frauds. Theiranses completely regulated sector. So it is very much ik a caviat empter. I wonder whether these cycles will just keep continuing
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