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Q9. Financial markets are regulated for a reason: crimes such as insider trading cannot be self-regulated away. But one of the main appeals of Bitcoin

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Q9. Financial markets are regulated for a reason: crimes such as insider trading cannot be self-regulated away. But one of the main appeals of Bitcoin is that it is unregulated. That is why spoofing like this can exist in the Bitcoin market. Thefts like this also cast doubt on its safety. But investors do not seem to care. Why? Do you think they are right in ignoring Bitcoin's issues due to the absence of regulation? (10pts) Q9. Financial markets are regulated for a reason: crimes such as insider trading cannot be self-regulated away. But one of the main appeals of Bitcoin is that it is unregulated. That is why spoofing like this can exist in the Bitcoin market. Thefts like this also cast doubt on its safety. But investors do not seem to care. Why? Do you think they are right in ignoring Bitcoin's issues due to the absence of regulation? (10pts)

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