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The wealth of Elon Musk, Jeff Bezos, Bill Gates and others was hit as stock market flirts with first bear market since the beginning of the pandemic
Hard to put stock in something that was worth $266 and two days later was down to $70. >> that kind of volatility when you can see 73% of your wealth lost is not something that people like to see. >> reporter: the main website that handles bit coin transactions say the sell-off occurred with a high volume of trade that the website couldn't handle. they say it exposed the ponzi scheme nature of product. i don't know about you, gregg, i like to hear the change jingling in my pocket. >> gregg: unless i can't put it under my pla mattress i don't want it. thanks a lot. its bit risky, don't you thin...