Good one with the straw man reference but stay on point.
Each individual coin is a separate entity.
Gold, diamond and oil mining is making the environment better, i love the hypocrisy.
Madoff is a bad reference, unrelated but he never came under the scrutiny as with crypto, let compare crypto with the covid vaccine.
MicroStrategy, Melvin Capital, Evergrande and all the other Hedge funds that get called on margin is the same.
Crypto came at a time when things started to heat up in the stock market, people want money now and lots of it.
You are in the times of inflated everything, look at all the clean energy, tech and biotech stocks!
The feds saved a lot of company from going under in 2020, what is junk bond buying?
With the introduction of electronic trading comes a new beast, greed
Check the amount of suicides from stock loss in 2020
In my eyes all investments are the same, get in at the right time, get out at the right time and know when to cut your loss.
People need to mitigate and mange risk, investment in some cryptos is bad as with investments in some stocks.
Who buys and hold a meme coin?