I think this space is lack of clarity around regulation is really led to that issue. Good to go, sir. Bitcoin is a decentralized, absolutely scarce and secure network for transferring value without any ability to restrict it. Altcoins are unregulated tech startups that regularly result in massive losses by retail investors while promoters get rich. Is that accurate? I don't know. I don't invest in altcoins and they're not under the sec. So you have no idea what you're talking about then? (01:42–01:49)
CLAIM
Asserts that altcoins are unregulated and often lead to losses for retail investors while promoters profit.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
