Besides being a poor investment, crypo is not climate friendly.
Why is crypto failing? Because all the million-billionaires that thought it would replace the US dollar or any sovereign currency is simply trying to get out of it. The incremental drop in crypto is similar to a stock no longer holding value. It is a standard exist of investors without having to take a beating on it's end.
Crypto is a day traders investment. The bubble has to be mastered in order to make money.
July 11, 2022
By Anissa Gardizy
...“[I was] seeing people get screwed over again (click here) and again and again,” White said. “There wasn’t a permanent record of what was actually happening and how poorly a lot of these projects were ending.”
Her first instinct was to start writing Wikipedia articles about crypto and the related field of “web3.” But she quickly realized Wikipedia wouldn’t be the best place for her work — among other things, it would have required her to take a neutral approach.
“I have a pretty strong opinion,” she said....
...“[I was] seeing people get screwed over again (click here) and again and again,” White said. “There wasn’t a permanent record of what was actually happening and how poorly a lot of these projects were ending.”
Her first instinct was to start writing Wikipedia articles about crypto and the related field of “web3.” But she quickly realized Wikipedia wouldn’t be the best place for her work — among other things, it would have required her to take a neutral approach.
“I have a pretty strong opinion,” she said....
