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The crypto-skeptics’ voices are getting louder

Value, Group, Getting, Voices, Catastrophists, Financial, Say, Investors, Louder, Market, Cryptoskeptics, Bitcoin, Crypto, Letter1 min read

A growing group is sounding dire warnings about the dangers of cryptocurrency investment. They include bloggers and billionaires, mathematicians and economists, computer-scientists and 2008-crisis prophets. New York Attorney General Letitia James (D) joined the skeptics, sending out an “investor alert’s” about the fundamental nature of crypto risks. Many traditional economists are not outspoken, so it is up to them to take up the role of Jeremiah in Jerusalem, warning of a Babylonian reckoning for a society that has slouched into crypto sloth. The group wants dramatic moves to rein in, or outright eliminate, crypto investing. Source

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