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Old 04-29-2022, 09:22 PM   #80769 (permalink)
Mindfulness
Be aware of the psyop
 
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Join Date: Oct 2016
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For me, it breaks down to the simple question of why? Dollars are fine. Bitcoin started out great, decentralized and everything is awesome but now bitcoin/crypto isn't the same. It's not really decentralized anymore if whales control everything and the platforms are just like modern new banks kind of. This cycle alt-coins have come into the spotlight and coins everywhere have been popping up, so much illegal stuff probably is being got away with I feel. Plus the main crypto kill joy is, that everything is measured in dollars on those platforms too. Crypto has just been a tool to somewhat catch a bull run and make more money than you had before. I don't think it's a scam or the whole stock market would be a scam, but maybe it is? I just don't think it's a good investment unless you are ready for a wild rollercoaster ride and you may lose everything you started with, but if you hold for 3-4 years you may have way more than you started with if halving cycles repeat as they have. Also, 2022 is different than 2013-2014, the FBI has a crypto squad and goes after the criminals using it. The sketchy stuff being done in crypto is stable coins, the largest scam I have ever seen. Tether is creating "crypto" out of nothing to keep the dollar "stable".
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