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Do the Crypto Critics Even Have a Leg to Stand on Anymore?
With the steep drop in crypto asset values, the scandal and fraud in the space, and regulator confusion, it’s easy to say, “Time to move on from crypto. AI is the next big thing.” But read here to see why crypto isn’t just a fad.
Consider this: even with a 73% fall from all-time highs in Bitcoin’s price, over $2 trillion in market cap shaved off, evident fraud by centralized corporate entities like Celsius, BlockFi, Voyager, and the second largest exchange FTX, a hellbent Federal Reserve bank looking to pump the brakes on the economy, and continual negative mainstream media reporting, the crypto market is still valued higher than it was in the prior 2018 bull run peak.
Like the poignant and dignified 1980s singer/songwriter Matthew Wilder sang in his 1983 hit, Break My Stride; crypto keeps moving forward, kicking ass, and taking names.
Ain’t nothin′ gonna break my stride
Nobody’s gonna slow me down
Oh no (Oh no) I’ve got to keep on movin′
Ain′t nothin’ gonna break my stride
I′m running and I won’t touch ground
Oh no (Oh no) I′ve got to keep on movin’
