The Bank of England sent a clear warning:
Sam Woods, the Bank of England deputy governor responsible for financial supervision said that in their short history, crypto-assets have exhibited high price volatility and relative illiquidity.
Writing in a letter to the chief executives of banks and insurers he said: "Crypto-assets also raise concerns related to misconduct and market integrity many appear vulnerable to fraud and manipulation, as well as money-laundering and terrorist financing risks.
https://www.express.co.uk/finance/city/981330/Bitcoin-price-barclays-ripple-cryptocurrency-ethereum-BTC-to-USD-XRP-newsYes it is true we cant deny the fact that crypto has many fraud, manipulation, volatile, and etc etc but still we cant also deny that crypto and blockchain are to be considered good invention in history. We also cant deny the fact that many people instantly turned millionaire by the help of cryptocurrency. Crypto has disadvantages but also it has advantages it is clearly depends on the people on what action they will do here in crypto.