Um..bitcoin is still $29k, not 0, and so many other cryptos still have value noted in USD out there.
Sure, criticism schimisicm. Proof is in the pudding.
Sure, criticism schimisicm. Proof is in the pudding.
That's exactly what I said. The pudding was a crash. It proved that cryptocurrencies are speculative assets without intrinsic value and that they aren't a hedge against any other speculative assets or fiat currency (in contrast to, for example, gold).
Clearly Tesla and Netflix were speculative assets without intrinsic value too by that logic.