Who's investing in cryptocurrencies?

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JohnBW1973
Posts: 20
Joined: Fri Jul 09, 2021 5:38 pm

There's a popular belief out there that people invest in cryptos because they don't have faith in fiat currencies. We probably all have our share of friends who fit that bill. But recent research out of the Bank for International Settlements reveals that isn't the main driver for most investors. Instead, gender (men), income (upper), and education (college+) tend to be much more revealing with regard to who's investing. The authors of the paper conclude that because speculation largely drives the market, cryptocurrencies should be regulated like other investments. What say you? What's been your experience?
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