If you are been told in November of 2021 that Luna will go to zero will you believe it?
If you are been told in November of 2021 that FTX will go bankrupt and others like 3AC, Genesis and Voyager will be on the list too will you believe it?
Bad projects led by incompetent people with hidden bad intentions will always fail, it's just a matter of time. Not only was it realistic that what you are talking about would fail, but a lot of other things that many believe in today would also fail. In any case, good for you if you decided not to trust centralized projects anymore, because it means that you finally understood why Bitcoin exists.
The users of Mt. Gox or Cryptopia also didn't believe anything could go wrong, but one morning they woke up to a nightmare. And those investors are still waiting for reimbursements. All centralized crypto exchanges are dangerous, and it's just a matter of time before the next one crashes, gets hacked, or exit scams.
Or maybe the Quadriga exchange, which few people mention these days, regardless of the fact that it still smells like a classic exit scam. Obviously, no one wants to remember their failures, but people who don't learn from the past are doomed to have even worse things happen to them in the future.
