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.
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?
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.
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)
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😂😂
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.
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.
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.
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.
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.
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.
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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.
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
This video is the Bottom signal.
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.
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)
Monero is the only coin that is actually private. Monero is what BTC should've been.
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😂😂
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.
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.
🤷♂️
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?
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.
Somehow, they're giving none away
One of the funniest titles ever
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.
Works great for black market online transactions
Don't put YouTube AD inside a channel ad. Catfish.
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.
Nah!! getting your money out of a crypto wallet is like pulling teeth.
The reason why Crypto is down right now is because is is a speculative bet and more capital is flowing towards the AI trade
Bitcoin only 👍🏼
wait till you research the crypto XRP
Crypto taught me to never ever underestimate the power of idiots willing to work together.
It's entirely possible that crypto is dead, but bitcoin is not going anywhere now that wallstreet is toying with it.
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.
Skill issue.
This video is nonsense.
What if they aren’t burgling data centers for AI? What if they are miners?
It's wild how many people still don't understand Bitcoin. Enjoy debasement.
It's wild how many people still don't understand Bitcoin. Enjoy debasement.
Rap battle with lil'boyle when?
But de-fi has decriminalized white-collar crimes!
Is it really any worse than fiat currency?
Crypto yes. Bitcoin… no
Quick tips: Look at the BTC price graph in full timeline + log (instead of just looking at the last drawdown).
Is this channel AI slop guys? Any idea?
What kind of name is this..! Mt. Gox 😂😂 it sounds so scammy dude
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.
Man you are so wrong xD, this vid will age very bad 😂
BOTTOM SIGNAL 😂😂💪💪