"Digital Money Demystified" author and Penn State Dickinson Law professor Tonya Evans discusses her new book that addresses some of the common misconceptions about crypto, along with some of the regulatory challenges for the digital assets space in the U.S. right now.
The best way that people can position themselves is to at least separate fact from fiction. This is not an easy space when you think of even how, you know the first cryptographically secured asset Bitcoin back in January of 2009, kind of came on the scene with the gangster lean. Uh This was largely the purview of technologists, largely the purview of those who already had a financial background. But as we start to get closer to mass adoption, most people at this point in time when they first enter, they're not going to fully invest or appreciate cold storage, they're not going to trust themselves because there's a huge mindset shift from trusting other people before yourself with your assets. So that takes some time. But we do wanna have people participate in this emerging and nascent asset class because with great risk is also great opportunity as a small part of an overall portfolio. And so that's what I want to empower traditional investors to at least understand what the top 10 or so. Um myths are in the space and then right size them, demystify them