"That's your fault for buying in at an ATH." Crypto is a flailing, failing disaster.

Could you make money with it before? Yes.

Can you still? Yes.

Does that make it viable? Fuck no.

As has been proven time and time again, the uncertain nature and lack of comprehensive control or regulation over crypto "currencies" (anything but) has not been it's saving grace, but rather its downfall.

FTX is proof positive of the big scam that is crypto, but there have been signs earlier for example dogecoin.

And where does this money go?

Where does money go if you send from a wallet to another wallet that uses a different format?

How much unaccounted for money is just sitting out there as digital code on the internet because of simple mistakes?

Does it just... Disappear?

There's so much about it that never made any sense (cents? Lol) to me.

The likely reality is it was specifically designed to destabilize world currencies and markets and to make investing ambiguous and confusing.

Here's a couple of funny things to note:

-Since buying in in April of 2021, none of the 8 different cryptos I had purchased have gone up or even back to what they were at then. Every single one has been on a huge downward trend.

-I was told "shouldn't have bought meme coin" or "shouldn't have bought at the ATH" as if these people had any fucking clue!

-Some of the same gaslighting people saying not to buy at an ATH (which absolutely nobody knows when we hit that until it starts falling) were saying "HODL!!! BUY THE DIP!!!"

-MOST crypto enthusiasts (nobody is an expert) were saying "to tha MoooOOOONNnnnn!" and that "this is only a correction! Bottom will be $xxxxx.xx then it's going to go up LIKE A ROCKET SHIP!" That didn't happen.


It's not safe. It's not secure AT ALL. It's an economic fad that is drying up and dying quickly. The average sentiment is distrust or ignorance.

Whilst fiat is certainly a problem, physical cash is one thing we can still get away with not being tracked. We know nobody can deny it. We know we can always make something out of it while it still has declared value.

Electronically controlled or "digital" 'currencies' as they call them (they are not) are a huge scam of which the entire purpose has been to get the masses to accept state created monies.

There will be so many benefits declared for giving up physical cash.

There will still be ambiguity in the markets.

But the chapter of crypto is coming to a close.