Financial Bubbles Expert: Crypto a Bubble Like No Other or a Ponzi Scheme. Is He Right?

 

Some financial experts with a specialty in bubbles believe crypto is either one of the biggest bubbles in history or a smart Ponzi scheme not seen before. 
2022 can be considered one of the worst years for the crypto ecosystem as a number of high-profile DeFi and CeFi platforms collapsed. Among the more notable examples, the Terra/LUNA ecosystem imploded in May while major crypto exchange FTX collapsed in early November. …
Read More: Financial Bubbles Expert: Crypto a Bubble Like No Other or a Ponzi Scheme. Is He Right?  Some financial experts with a specialty in bubbles believe crypto is either one of the biggest bubbles in history or a smart Ponzi scheme not seen before. 
2022 can be considered one of the worst years for the crypto ecosystem as a number of high-profile DeFi and CeFi platforms collapsed. Among the more notable examples, the Terra/LUNA ecosystem imploded in May while major crypto exchange FTX collapsed in early November. …
Read More: Financial Bubbles Expert: Crypto a Bubble Like No Other or a Ponzi Scheme. Is He Right? Cryptonews

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