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Crypto Sold You A Dream
With the collapse of crypto giant FTX, crypto investing has been put into the spotlight. Crypto investing comes with many risks, risks that assets like property or art don't have. Many people believed the hype that crypto could bring them wealth, it was a dream that was sold to them. Now that dream is crumbling.
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Reference:
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Song:
Matt Harris | Strange Stuff
https://www.youtube.com/watch?v=bHg-uUd4VLw
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Sound Effects:
Sound Effect from Pixabay
https://pixabay.com/
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Web Pages:
[A] https://www.cnbc.com/2022/11/22/collapsed-crypto-exchange-ftx-has-about-1point24-billion-of-cash-in-total-but-still-owes-at-least-3point1-billion-.html
[B] https://www.telegraph.co.uk/business/2022/11/22/crypto-broker-genesis-risk-bankruptcy-ftx-contagion-spreads/
[C] https://www.bbc.co.uk/news/business-63704034
[1] FTX bankrupt
https://uk.finance.yahoo.com/news/ftx-owes-more-3-billion-142907440.html
[2] FTT Price ( Accessed: 22nd Nov 2021)
https://coinmarketcap.com/currencies/ftx-token/
[3] FTT wipes 2bil from ftx valuation
https://www.cnbc.com/2022/11/08/ftxs-ftt-token-plunges-80percent-wiping-out-over-2-billion-in-value.html
[4] Binance sells FTT
https://twitter.com/cz_binance/status/1589283421704290306?
[5] FTT promised liquidity
https://finance.yahoo.com/news/ftx-own-token-final-nail-202114512.html
[6] UK central bank on making stablecoin
https://www.bankofengland.co.uk/research/digital-currencies
[7] Purpose of a central bank
https://european-union.europa.eu/institutions-law-budget/institutions-and-bodies/institutions-and-bodies-profiles/ecb_en
[7A] Bitcoin price over time
https://www.statista.com/statistics/326707/bitcoin-price-index/
[8] average sell price of U.S home over years
https://fred.stlouisfed.org/series/ASPUS
[9] coasts disappearing
https://www.nationalgeographic.com/environment/article/sinking-land-rising-seas-dual-crises-facing-coastal-communities
[10] Cryptos Volatility
https://www.forbes.com/sites/nicolelapin/2021/12/23/explaining-cryptos-volatility/
[11] Cryptos is gambling
https://www.theguardian.com/technology/2022/jan/15/trading-is-gambling-no-doubt-about-it-how-cryptocurrency-dealing-fuels-addiction
[12] Cryptos preying on youth
https://www.businessinsider.com/personal-finance/wealthy-millennials-buying-crypto-social12-media-2022-10?
[13] Investors lose money
https://economica.org.uk/as-much-as-90-of-people-lose-their-money-in-stock-markets-and-this-includes-both-new-and-seasoned-investors/
[13A] 34 mil US have crypto
https://www.insiderintelligence.com/insights/us-adults-cryptocurrency-ownership-stats/
[13B] Elon Tweet
https://twitter.com/elonmusk/status/1357241340313141249?lang=en
[14] 70% think they will become billionaires
https://money.com/crypto-investors-think-become-billionaires/#:~:text=People%20who%20invest%20in%20cryptocurrency,according%20to%20a%20new%20poll.
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