Crypto Enthusiasts, Including Bitcoin (BTC) Supporters, Revive ‘Have Fun Staying Poor’ Taunt Amid Market Surge
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- Renowned blockchain critic Molly White recently highlighted the resurgence of speculative mania in the crypto market, despite its new veneer of normalcy.
- White argues that despite the industry’s reputational makeover, it remains riddled with manipulation and scams.
- She calls for more stringent enforcement and regulation to protect investors and limit potential financial contagion.
In a recent Bloomberg article, Molly White, a prominent critic of blockchain and cryptocurrency, sheds light on the ongoing speculative mania in the crypto market and calls for more stringent regulation.
The Resurgence of Speculative Mania in Crypto Market
Molly White points out that the crypto market has once again entered a period of speculative mania, with Bitcoin prices surging and venture capital firms investing heavily in cryptocurrency startups. However, she warns that this resurgence comes with a veneer of... Read the full article for FREE at COINOTAG!