“Investing money in cryptocurrencies is gambling”

The co-founders of the popular Metamask wallet, Aaron Davis and Dan Finlay, have warned about the risks of the crypto market in a joint interview .

Aaron Davis compared investing in cryptocurrencies to gambling and advised against investing one's entire life savings in crypto assets.

“Investing your money in cryptocurrencies is a gamble. (...) I'm not saying that what we have now is the future of finance and that you should reallocate all of your life savings. A lot of people approve of that, and I think that's extremely dangerous behavior."

Dan Finlay added that there are too many scammers in the market who are causing lasting damage to many projects.

"We can't stop people from doing ponzis on blockchains," Finlay said.

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