Feeding the Vicious Cycle of Crypto-wealth Concentration

Source: Wit Olszewski via Shutterstock. With permission.

The problem with intermittent price crashes is is that, by many retail (everyday) investors selling off their digital assets every time there is a major issue in general markets, somewhere around the world, it is further concentrating crypto (and thus, dollar) wealth in the hands of fewer people who can readily afford to buy dips. Several investors simply relinquish further control to a…