Crypto: A Scam
Crypto: A Scam Crypto: A Scam Some claim that cryptocurrency, a means of escaping banks and the government, will be the currency of the future. However, upon closer inspection, it appears to be a massive fraud based on excessive hype and people who fervently want to think that they can suddenly become rich overnight. Dozens of people have lost everything for every winner who receives the prize. The goal of cryptocurrency is to get in early, get other people to invest, and sell out before everything goes busts. It doesn't actually create value. The entire system depends on someone else eventually being prepared to pay more for something that may or may not be worthwhile. It's just more gambling, not wise investing. Although some contend that "revolutionary technology" underpins cryptocurrencies, after over a decade, the majority of the market is still based on speculation. On the other hand, self-proclaimed "experts," influencers, and celebrities sell crypto...