All currency is trust period - "I trust that when I hand you this chicken you will give me a lamborgini in return" did I spell that right :O)

All cons require the players to be in on the scheme just enough, so they play along. Till they get spanked. Anyone pitching this scam at this point is absolutley perpetrating a fraud. The only question is will they be held accountable - I doubt it.

True believers shut up and hold because they get it- for bitcoin to be useful it has to crash so it can become a utility- look at the fork and bitcoin cash (whatever if I got the name wrong) no one is seriously investing in the fork utility why? cant be an overnight millionaire.

CBDC will be the winner it is obvious to any adult not playing the scheme. I fear that one reason governemnts arent acting is scary, they are trying to claw back the wealth even more. Think about it small investors buy in whales skim - reset redo - over and over till no one plays anymore and the whales get out with trillions. Good luck selling that one or two bitcoins in the run.

BTW we have had digital money for 30 years not sure why people think Bitcoin is some brilliant new tech - criminals and evaders of paying taxes yes its a great tool - but when it comes to buying that lamborgini I doubt the dealer will take your BC without some agreement guarenteeing that you dont own that item till the bitcoin exchanges.

Keep telling the world J - maybe we can save a few of the youths from getting spanked. 50 claps :O)