Latest / Winning With Winans! / Crypto Under Fire? The Geopolitical Risks Every Investor Needs to Watch
Transcript
- speaker-0: I think it's because there's a strong headwind right now on is the crypto world A willing accomplice or an unwilling accomplice, however you want to look at it, to black market operations, meaning, can China use crypto to buy Iranian oil or any other place that we have sanctions on? what's happening with drug cartels down in South America? Again, we're trying to answer these questions, but I do think for those of you who have crypto in your portfolio, you need to pay attention to this. This is geopolitical. Personally, I get very concerned about geopolitical events. And what happens when you get into these scenarios? Because all of a sudden one day you can turn on the computer and find that suddenly there's a a major criminal investigation on something. Don't forget that long ago about what happened to some of the founders of crypto. Several of them are in jail right now. So keep that in mind.