- Joined
- May 6, 2007
- Messages
- 12,759
- Reaction score
- 8,296
When the house market collapsed thousands of people lost their homes. If crypto collapses, I’ll have a bunch of worthless digital tokens, many of which would likely make a comeback after a few years. Some would be lost forever, but I won’t have lost my house.Yes. I also know a lot of people made money before the housing market collapsed and the tech bubble. Examples are plentiful.
In those cases, at least there was some physical asset in play. This is fairy dust.
AND you have governments, like China deploying their own virtual/digital currency. You can't compete with that shit. What if the U.S., England and Russia do the same? Your investment is shit. The average person doesn't care about decentralization. He cares about the gold rush. He'd bail for a safer federally sanctioned digital currency.
