Iris Ikeda, commissioner of the state Division of Financial Instruments (DFI), answers questions from KHON2 News (on location at Kaneohe District Park!) in the wake of a sudden drop in the value of Bitcoin.
For those planning to buy in to cryptocurrency, Ikeda warns to research the different types of cryptocurrency and the different trade companies.
“People should also remember that they could lose their entire value of whatever they put in, right? Because the pricing is very volatile as we’ve seen in the last week. You know, the price has dropped significantly,” said Ikeda.KHON2 News, May 20, 2021