Cryptocurrency’s pyramid-like structure sees a small percentage of individuals profiting while the majority succumb to financial losses. Comparisons to Ponzi schemes and multi-level marketing reveal the harsh reality for retail traders. Ben McKenzie, actor and co-author of “Easy Money: Cryptocurrency Casino Capitalism and the Golden Age of Fraud,” joins Morning Joe to delve into the inner workings of the crypto industry and the harsh reality behind cryptocurrencies.
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Crypto’s winners and losers: Ben McKenzie exposes the dark side of cryptocurrency
#Crypto #Cryptocurrency #Business
