LogFAQs > #891256282

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Topic	The US govt should take the lead, and ban Bitcoins and other virtual currencies.
Boo_Mario 11/29/17 6:03:09 AM #7:	The other disturbing thing is the early adopters are actively trying to lure retail investors, mutual funds, banks, etc. into investing in virtual currencies as an "asset class." Mom and pop investors are often the ones who can least afford to lose their savings. If enough people and institutions get sucked in and the price crashes, it may require another government bailout. <cite>Boo_Mario posted [p:891256282] in The US gov... [t:76042628]...</cite> <quote>The other disturbing thing is the early adopters are actively trying to lure retail investors, mutual funds, banks, etc. into investing in virtual currencies as an "asset class." Mom and pop investors are often the ones who can least afford to lose their savings. If enough people and institutions get sucked in and the price crashes, it may require another government bailout.</quote> ... Copied to Clipboard!
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