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Crypto Conundrum Ensues As Distinguished Academic Finally Figures Out What We Told You In 2017

An illustration of a person standing at the edge of an iceberg with their eyes closed while holding onto a rope tied around their waist; below them is water filled with sinking coins and broken chains representing lost investments and financial instability, in contrast to calm waters above where seagulls fly freely. The sky behind has dark clouds gathering amidst scattered sun rays symbolizing warning signs ignored by the person who remains oblivious to the dangers ahead.

Oh boy, look who’s finally joining the party! Eswar Prasad is now warning about cryptocurrency risks? It’s like a broken record – everyone knows crypto is a scam except for the clueless bros on Reddit trying to get rich quick. Newsflash: it’s not going to happen

Source: bitcoin.com

A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the cryptocurrency market, pointing to regulatory gaps and centralization as key issues. “If anything, crypto today presents even greater risks to its investors and to our financial institutions than it did before,” he said. Eswar Prasad, a professor at Cornell University’s Dyson School and senior fellow at the Brookings Institution, voiced significant concerns […]

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