MTGOX lost most users funds when bitcoin price was around $500
2022
8 years later that bitcoin has grown and MTGOX users getting paid back
FTX lost most users funds when bitcoin was around $20k
2030
8 years later..........
The price of bitcoin...............?
Governments have to be careful not to influence crypto in a bad way, causing users crypto assets to decline while dealing with any fraud that contains crypto assets.
Terra was an example of how dangerous stablecoins can be - more specifically, "algo" stablecoins.
Celsius was a reminder of stop falling for ponzi scams promising high yield. Remember e-gold/HYIPs? (RIP<3) Yeah stop doing this. Create a business and have a coin just to have a coin if you want to, that is just what the stock market does. The crypto verse is no different and who is anyone to tell you otherwise? Crypto is on your side.
Crypto and most importantly Bitcoin has shown us the stock market can be just as much a joke and bad investment as anything else no matter how regulated you make it.
Binance is ahead having its own token and blockchain. I wish coinbase would follow suit leaving the stock market functions behind. The other exchanges are looking like something from the distant past, designed to confuse users and full of bugs.
Maybe Elon Musk will take doge to mars.
Bitcoin will stay the heart of crypto because as long as people can transact value/communication between eachother without governments saying no, it will never die and won't go down without defending itself.
Crypto operates easily even in China for those who know how to truely utilize defi functions. Western nations will continue to fully support crypto and Starlink might be used to send some doge.
Crypto truely is the people no matter how hard anyone trys to demonize it.
Demonize yourself regulators.
