this post was submitted on 15 Apr 2025
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Real currencies are far more stable and are unlikely to suddenly disappear. It can occasionally happen, but it's rare. Cryptocurrencies are a ponzi scheme.
Consumer price indexes and exchange rates are constantly fluctuating, although admittedly BTC temporarily lost half its value a few times while it climbed from $0.09 to $106,154.15 in 15 years.
The price goes up alongside adoption rates, at this point it takes a massive amount of funds to manipulate, like tens of billions.
The vast majority of scammers ask you to wire transfer funds out of the USA or purchase gift cards.
I agree with you that smaller coins are all pointless and terrible investment but I do see possitive potential for Crypto in the future as a means of people resisting central agencies.
Ponzi schemes sometimes take a while to collapse.