Comments by "SkyRiver" (@SkyRiver1) on "Bitcoin Drops Below $38,000, Drawdown Continues" video.

  1. Crypto is one of the stupidest things ever invented. Well not the cryptocurrency per se, but the need to use all that energy instead of some other form of mining that did not waste energy and pollute the atmosphere with tons of greenhouse gas. How absolutely moronic. And the purveyors of this totally fictitious mining activity are considered cutting-edge awareness-wise. It's like living on the "special" planet. With the current system, all the real value, the value of the chips, and physical mining operation, and electricity is all destroyed up front, except for what can be salvaged by a sell-off of used equipment, and then a fictitious value is assigned to it, which is determined totally by the dynamics of a ponzi scheme. People are so far into the narrative that they can't see the trees for the bark. It's a business that, in reality, produces nothing, but consumes huge resources accomplishing this nothing.
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