‘Things are going great many times, until they’re not’
Cryptocurrencies have experienced explosive growth recently, partially because they’re a decentralized currency but also due to increased awareness and technological advancements. But not everyone thinks the “crypto craze” is a good thing.
CBS News reported that crypto has taken over Wall Street, and even Walmart and Amazon will get to have their own digital currencies thanks to the GENIUS Act signed by President Donald Trump earlier this year.
While the burgeoning world of online currencies may offer a way to earn wealth rather easily, Amanda Fischer, who was a top official in the Securities and Exchange Commission during Biden’s administration, believes crypto could be dangerous to the economy since it’s not backed by…
