Despite cryptocurrencies being nothing but a tool with no intrinsic value, thousands of investors are still holding on to their faith in the digital asset but at what costs?
Worse still — and far more worrying still is that crypto has prospered on a breeding ground of young and precarious speculators and investors who didn’t have the means to trade on the stock or in the property markets as it was too dear for them.
In a world where inequalities are aberrant, where the great majority of young people over the world can now be qualified as the new poor, the one and only weapon at their disposal allowing them to make a mark for themselves has been crypto. This scam was able to persuade them that they could follow in the footsteps of the rich and the powerful by taking advantage of an avant-garde instrument as a side hustle.
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