Ex-NBA star Jalen Rose on why he hasn’t invested in crypto: ‘I can’t tangibly touch and feel it’

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Ex-NBA star Jalen Rose on why he hasn’t invested in crypto: ‘I can’t tangibly touch and feel it’

Despite earning more than  during his 13-year NBA career, Jalen Rose doesn't like to make risky financial moves. Like, for example, investing in cryptocurrency. "When I first heard about crypto, it represented an abstract," Rose tells It's "something I can't tangibly touch and feel." That's a problem for Rose, a college basketball star at the University of Michigan in the 1990s who grew up with a single mother in a tough Detroit neighborhood. "My first introduction to money was cash and real estate," he says. "That's kind of how I like to move." But the 48-year-old ESPN and New York Post writer, host and television personality says he isn't opposed to investing in cryptocurrency in the future. He just needs to learn more about it — a common viewpoint among non-crypto investors. In May, the Motley Fool published a citing "lack of understanding" as one of the biggest barriers to crypto for American adults. Almost one in four survey respondents said they didn't understand how cryptocurrency worked, and 20% didn't know how to buy it. Another barrier: cryptocurrency's lack of real-life uses. In the Motley Fool survey, 29% of respondents who don't own crypto said that even if they

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