Cryptocurrencies
Crypto’s ‘Peak FUD’ Moment Has Arrived as Hammer Drops in China
- ‘Fear, uncertainty and doubt’ rises with regulatory scrutiny
- Digital advocates regard FUD as the province of the uninformed
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Among the countless pieces of technical jargon and acronyms that the cryptocurrency community throws around, there’s one important concept that’s easy to understand even for the liberal-arts majors among us: FUD.
That stands for “Fear, Uncertainty and Doubt” and it’s sort of a catch-all pejorative used to dismiss the seemingly never-ending list of concerns and criticisms that perpetually dog the digital-asset class even as it continues to grow at a breathtaking pace.