The hostility is towards the fact that it is another scam. Crypto is only good as long as some fat-fuck whale doesn't come along one day and dump his coin, causing it all to crash. 1 fat guy can make or tank crypto.
The blue-chip stock guys used crypto to pump and dump in order to cover their shorts. So, pump it up one day, everyone gets FOMO and 2 days later Kenny Griffin dumps his coin and were all left holding the bag.
I watched Berry Silberts tank DOGE from $0.70 to $0.30 overnight and it never recovered. As a response, Elon Musk sold billions of Bitcoin and single-handedly tanked it.
Crypto is susceptible to being used for economic wargames.
There's nothing secure, stable or trustworthy about crypto.
The hostility is towards the fact that it is another scam. Crypto is only good as long as some fat-fuck whale doesn't come along one day and dump his coin, causing it all to crash. 1 fat guy can make or tank crypto.
The blue-chip stock guys used crypto to pump and dump in order to cover their shorts. So, pump it up one day, everyone gets FOMO and 2 days later Kenny Griffin dumps his coin and were all left holding the bag.
I watched Berry Silberts tank DOGE from $0.70 to $0.30 overnight and it never recovered. As a response, Elon Musk sold billions of Bitcoin and single-handedly tanked it.
Crypto is susceptible to being used for economic wargames.
There's nothing secure, stable or trustworthy about crypto.