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Can We (Finally) Admit That Crypto Was Really… Dumb?
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Can We (Finally) Admit That Crypto Was Really… Dumb?

  • July 31, 2026
  • Roubens Andy King
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Roubens Andy King

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40 comments
  1. @HowMoneyWorks says:
    July 31, 2026 at 5:38 pm

    Looking to grow your business online? Get started today with a free 15-day trial from Odoo https://www.odoo.com/r/hGZ6

    Reply
  2. @donywahlberg says:
    July 31, 2026 at 5:38 pm

    Five months on from this video Bitcoin is sinking significantly, and has reached the point of it's first "all-time high" spike. The drop doesn't seem to be stopping. It's a completely social engineered hype investment and I can't wait for the pump n' dumps to end.

    Reply
  3. @alan-n3h8s says:
    July 31, 2026 at 5:38 pm

    I unsubscribed after watching this. You embarrassed yourself with this video. I don't mind that you dont like crypto. But if you are going to make an anti crypto argument, then at least spend more than 5 minutes researching it. Your arguments displayed an astonishing level of ignorance about the technology and the crypto community. You are just pandering to your audience. If you are this dishonest when talking about crypto, then how can I trust your other content?

    – A crypto developer

    Reply
  4. @ranbtc says:
    July 31, 2026 at 5:38 pm

    This video is the Bottom signal.

    Reply
  5. @ShowmanJonathan says:
    July 31, 2026 at 5:38 pm

    This is a rollup of the same FUD being said about Bitcoin for well over a decade. If you had started accumulating a decade ago, you’d be very pleased in spite of the volatility along the way. What is BTC down against in the last decade? The Bitcoin market will stay irrational longer than the doubters stay solvent. Its unique use case as a provably scarce digital asset without counterparty risk will steadily and gradually withstand speculative temperaments. It was borne of diminishing trust in the financial system which has only lost more credibility and trust since Satoshi published the white paper. The crypto casino scammers come and go, the long term hodlers grazing in the green.

    Reply
  6. @Romanyoni says:
    July 31, 2026 at 5:38 pm

    3:38 No, Terra LUNA was not a stablecoin; it was a regular (scam) cryptocurrency. I remember, case of lossing 20k on this cr*p.
    There was also TerraUSD from the same founders and it was a "stablecoin" (with no stability)

    Reply
  7. @user-gg9of9lu4k says:
    July 31, 2026 at 5:38 pm

    Monero is the only coin that is actually private. Monero is what BTC should've been.

    Reply
  8. @borekstvorek says:
    July 31, 2026 at 5:38 pm

    Crypto isn't dumb, it was born to combat banks, and offers secure data transfer from A to B. You show a lack of education when you pose stupid questions like that😂😂

    Reply
  9. @generalshrooms says:
    July 31, 2026 at 5:38 pm

    Easily one of your lowest effort videos. At no point did you touch on the fact that a decentralized, uncensorable global ledger has intrinsic value. You make no distinction between the endless scam shitcoins and real crypto currency like Bitcoin or Monero. This video is for people who know literally nothing on the subject to bolster their already negative bias. Speculators and gamblers come and go but Bitcoin is still being used as intended.

    Reply
  10. @phlyp638 says:
    July 31, 2026 at 5:38 pm

    In 2021 BTC was $64k
    In 2022 it was $17k
    In 2025 it was $125k
    It's now $64k

    In 2022 I had $17k I should have bought one. Now it's $64k and I cannot buy one.

    🤷‍♂️

    Reply
  11. @Denes2005 says:
    July 31, 2026 at 5:38 pm

    14:28 “only way for a person to cash out is for another person to buy in hoping they can cash out to another person” is that not a pyramid scheme?

    Reply
  12. @Adam-ui8iy says:
    July 31, 2026 at 5:38 pm

    I’m gonna guess no, it’s not time. The moment people admit it’s dumb, they loose everything. So they will continue to tell themselves it’s worth something, and thus, it will be worth something. Welcome to economics folks…and yes, it’s that stupid.

    Reply
  13. @trainsacomin2088 says:
    July 31, 2026 at 5:38 pm

    Somehow, they're giving none away

    Reply
  14. @SamINTP says:
    July 31, 2026 at 5:38 pm

    One of the funniest titles ever

    Reply
  15. @rotm4447 says:
    July 31, 2026 at 5:38 pm

    Compare the price of a argentine peso to a btc to see which one people think is worthless, keep in mind bitcoin has to stand on its own two feet in a global market without the beneift guns pointed at you making you accept it, and the market decided its the most valuable currency in the world. We were at the stage 15 years ago where 10000 bitcoins bought you a pizza, now were at the stage where one buys you between a house and a truck. At exactly no point ever during that rise were the dumbest people on earth not making the same argument ad nauseam every single year. It was surely supposed to die an ignoble death in 2022 when ftx vindicated all of its critics, just another bottom signal.

    Reply
  16. @edward9232 says:
    July 31, 2026 at 5:38 pm

    Works great for black market online transactions

    Reply
  17. @usrusrusrhauqi says:
    July 31, 2026 at 5:38 pm

    Don't put YouTube AD inside a channel ad. Catfish.

    Reply
  18. @GenOfRevenge says:
    July 31, 2026 at 5:38 pm

    Wow, that's not very smart… and, this channel is called "How Money Works"? You don't even know about the 4-year cycles? You don't know about DiFi? Or, how the DTCC is tokenizing almost all major assets on the ETH blockchain using LINK as the interface? It's really annoying when people talk about crypto when they have no clue. I retired in my 40s because of crypto.

    Reply
  19. @otoppchats says:
    July 31, 2026 at 5:38 pm

    Nah!! getting your money out of a crypto wallet is like pulling teeth.

    Reply
  20. @sondersaga1366 says:
    July 31, 2026 at 5:38 pm

    The reason why Crypto is down right now is because is is a speculative bet and more capital is flowing towards the AI trade

    Reply
  21. @21MWTF says:
    July 31, 2026 at 5:38 pm

    Bitcoin only 👍🏼

    Reply
  22. @belthool4934 says:
    July 31, 2026 at 5:38 pm

    wait till you research the crypto XRP

    Reply
  23. @ArthurTurner-bm1fn says:
    July 31, 2026 at 5:38 pm

    Crypto taught me to never ever underestimate the power of idiots willing to work together.

    Reply
  24. @KDfr31 says:
    July 31, 2026 at 5:38 pm

    It's entirely possible that crypto is dead, but bitcoin is not going anywhere now that wallstreet is toying with it.

    Reply
  25. @maryhadda8420 says:
    July 31, 2026 at 5:38 pm

    Some of us (ahem) have been saying all along that craptocurrency is stupid. It remains stupid, and the sooner it goes to zero and disappears, the better.

    Reply
  26. @TheMasterpulha says:
    July 31, 2026 at 5:38 pm

    Skill issue.

    Reply
  27. @nicholaschristian7189 says:
    July 31, 2026 at 5:38 pm

    This video is nonsense.

    Reply
  28. @jacobcook368 says:
    July 31, 2026 at 5:38 pm

    What if they aren’t burgling data centers for AI? What if they are miners?

    Reply
  29. @brodofraggins says:
    July 31, 2026 at 5:38 pm

    It's wild how many people still don't understand Bitcoin. Enjoy debasement.

    Reply
  30. @MrFilsAime says:
    July 31, 2026 at 5:38 pm

    It's wild how many people still don't understand Bitcoin. Enjoy debasement.

    Reply
  31. @lollerich says:
    July 31, 2026 at 5:38 pm

    Rap battle with lil'boyle when?

    Reply
  32. @inferno0020 says:
    July 31, 2026 at 5:38 pm

    But de-fi has decriminalized white-collar crimes!

    Reply
  33. @rlgmedia5364 says:
    July 31, 2026 at 5:38 pm

    Is it really any worse than fiat currency?

    Reply
  34. @determined919 says:
    July 31, 2026 at 5:38 pm

    Crypto yes. Bitcoin… no

    Reply
  35. @yaourcoco2176 says:
    July 31, 2026 at 5:38 pm

    Quick tips: Look at the BTC price graph in full timeline + log (instead of just looking at the last drawdown).

    Reply
  36. @AdmiralSP says:
    July 31, 2026 at 5:38 pm

    Is this channel AI slop guys? Any idea?

    Reply
  37. @TheSecretprince says:
    July 31, 2026 at 5:38 pm

    What kind of name is this..! Mt. Gox 😂😂 it sounds so scammy dude

    Reply
  38. @ccaalluuss says:
    July 31, 2026 at 5:38 pm

    Indeed, real world asset are based on.. Gold? Ai agent trades and exchange money with.. Cash? Guys, lots of the the crypto is indeed trash, but do not fool yourself that this stuff is useless, only because it's speculative.

    Reply
  39. @niemampomysunanazwe8412 says:
    July 31, 2026 at 5:38 pm

    Man you are so wrong xD, this vid will age very bad 😂

    Reply
  40. @Anonymous-wo3fq says:
    July 31, 2026 at 5:38 pm

    BOTTOM SIGNAL 😂😂💪💪

    Reply

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