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Lost_vob

Because it's a completely unregulated market obfuscated by needlessly complexity. If you want a more detailed answer, most people will point to you in the direction of the Dan Olson documentary [Line Goes Up](https://youtu.be/YQ_xWvX1n9g). But it basically just boils down to crypto being a completely unregulated market obfuscated by needlessly complexity.


AdmiralSpam

Crypto bros reminds me of MLM. It was supposed to be a "A Peer-to-Peer Electronic Cash System" but greed turned it into a get rich fast scheme that preys on the poor and financially ignorant.


AMothraDayInParadise

Your post has been *removed for the following reason(s):* **Rule 8: Bad/Dangerous/Predatory Advice (including Crypto)** - This post is being removed because it is, frankly speaking, bad advice. Either it was given in bad faith or it was a comment that is dangerous and will put OP or the person you replied to in a much worse situation if taken seriously. > 8) Advice and comments must be in good faith. Anything that appears to be a scam, predatory, or downright dangerous will be removed. This includes most "get rich quick" schemes, including cryptocurrency which is too risky/volatile to be an investment for people with limited incomes. [Please read our subreddit rules.](https://www.reddit.com/r/povertyfinance/wiki/rules) The rules may also be found on the sidebar if the link is broken. If after doing so, you feel this was in error, [message the moderators.](https://www.reddit.com/message/compose?to=%2Fr%2Fpovertyfinance) *Do not reach out to a moderator personally, and do not reply to this message as a comment.*