/biz/ - Business & Finance

You managed to miss every key reason crypto is shit
>SEC regulation
>CEXs collapsing
>Consoooomer debt bubble at ATH already
>Hyperinflation snuffing the life out of disposable income

BTC only went to $69k from Alameda washing the books with extreme leverage which was never liquid. If you wanna blame any individual, blame SBF. Thanks to him, every normie has been exposed to the fact that major crypto CEXs can collapse. AAA celebrities and MLB empires all having FTX on their jerseys, shilling crypto on national TV and the largest niggerball stadium being owned by crypto dot com was the absolute pinnacle of the "media hype" phase.

Now, good luck getting big players to add liquidity when one of the largest on-ramps went under and the remaining ones are being held together by duct tape, with weekly SEC lawsuits getting barraged which will never stop for the end of crypto's natural lifespan. BTC being a 27k stablecoin while the NDX isn't even far from ATH is terrible news for the corn

I am also reddit spacing because this message is more important than anyone else's.

>>49915542
>Most people will no longer be required to work.

>>49440896
>W-we just do, ok! Now prepare to die so we can save money on social security by killing you!
>oh, and here’s several trillion to the tbtf banks!