Crypto Problems
So the FTX crypto exchange problem, whatever it is, is the guilty source for the biggest tumble in Crypto prices in the last couple of years. If this is so, then I expect to see a Crypto comeback, this also happened after the Mount Gox scandal. That one was a huge one, and yet most of the Crypto World overcame it and Crypto came back bigger and better.
The problem I see right now is all the bad publicity Crypto is getting, you know nobody wants to invest money in a probably losing proposition. i have been reading newspaper comments, and you can actually feel the glee of gloating Crypto haters, writing in an I told you so manner. These guys hate Crypto for actually no specific reason, probably mostly because they have not been able to enjoy Crypto's upsides.
I am also a Crypto hater, but what I hate is not having had the foresight to accumulate Bitcoin. You know back in 2010 there were Crypto faucets that gave out as much as 5 BTC per daily click. This guy, Gavin Andresen, actually gifted 19,700 Bitcoins via faucet, over 300 Million USD at the low price we have today. If I had known, I could have earned and saved at least 100 BTC, you know even right now that would be close to Two Million USD. Yes, I hate Crypto, but mostly I hate myself.
Ok, things look bad, but even in these dire times, you can see some evolution in Crypto prices, they are going up, very slowly but up they go. Now, to be sure, Crypto has more enemies now than ever, with the new Multi Polar World that is forming, Crypto just happens to be another problem for the USD so I expect the US Government to increase its desire to regulate.
This could mean huge problems for Crypto, but also opportunity, it could be a go between for exchanges between countries that are looking to become rivals in what will be the future economic World. So don't count Crypto out just yet, a comeback is expected.
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