Imagine a time when everyone wanted to buy tulips, and prices went super high! It was called Tulip Mania, and it ended badly for many people. Now, something similar might be happening with cryptocurrency, a type of digital money.
- President Trump, who once called crypto a scam, now supports it and has even created his own crypto coin.
- A proposal in North Carolina wants to invest retirement money in crypto, which is risky.
- Experts warn that this could be like Tulip Mania, where people lost a lot of money.
- Cryptocurrency is very new and can be unpredictable; it’s important to understand the risk before investing.
| Topic | Details |
|---|---|
| Trump's involvement | He supports crypto, despite past criticism. |
| North Carolina Proposal | Using retirement funds to invest in crypto. |
| Risk Level | High; similar to past investment bubbles. |
