“Everyone’s freaking out — like, ‘I lost my life savings,’” said Mr. Collins, who founded Tether with Mr. Pierce and now runs a crypto venture called BLOCKv. “That’s a tragedy, but it’s just as much of a tragedy when someone says, ‘I went to a casino and lost my life savings.’ But that doesn’t mean let’s regulate casinos out of existence.”
Do people in the crypto game generally acknowledge that they’re gambling? I always thought they considered it “investments”
Do people in the crypto game generally acknowledge that they’re gambling? I always thought they considered it “investments”