Come in spinner "Millions of investors, most of them unsophisticated, have been lured into pouring trillions of dollars into what primarily appears a hoax, overseen in many instances by anonymous entities, some criminal, in a completely unregulated environment.It has been a breathtaking sight to behold."
Perfect miss timing " the first country in the world to legitimise bitcoin after adopting it as legal tender last September, El Salvador's timing was, to put it delicately, unfortunate.That was made worse by Mr Bukele, sometimes described as the "world's coolest dictator", and his decision not only to buy a large pile of the digital currency last year, but to continue throwing the impoverished nation's finances at it even as the price tanked."
"more than two-thirds of the market has been obliterated, exposing the fantasy at the heart of the crypto world: that in many cases, there is simply nothing there."
The underlined and bold says it better than I could. Some might think Gold is a bit like cypto? I can hold one and simply imagine the other
