Retail investors should not invest in crypto, says Singapore deputy PM

Singapore’s deputy prime minister Heng Swee Keat has told retail investors not to buy cryptocurrency. “Retail investors, especially, should steer clear of cryptocurrencies, we can not express this enough,” said Heng, speaking on Tuesday at the Asia Tech x Singapore (ATxSG). To enforce his point that non-professional investors …

[veti]

I'm distressed to see that the USA is clearly not sending its brightest and best to represent it in this new forum. Doesn't augur well for their success in containing China.

("If we had better communications, then our communication would be better." - yes, thank you for that insight.)

[Anonymous Coward]

Left field?

I'm not sure where your 'best and brightest' comment is coming from. Gina Raimundo graduated magna cum laude from Harvard, went to Oxford as a Rhodes scholar, and received her JD from Yale. She served as Treasurer and then Governor of Rhode Island. She also had a successful career in business.

Of course she is a woman.

[veti]

Re: Left field?

It's coming, as I thought I made clear, from the quality of analysis on display in TFA. "If we had better communication, we wouldn't have poor communication" is an insight worthy of a $10,000 consultant, not a secretary of commerce.