Comments by "Stephen Jenkins" (@stephenjenkins7971) on "Crypto: The World’s Greatest Scam." video.

@buntrockstudios It's a literal fact. People are technically more well off today than ever before. Their purchasing power has gone up, but the purchasing power of an individual dollar has fallen. This is consistent because people make MORE dollars than before. So it makes up the difference in inflation. There are exceptions, obviously, like home prices, but the general trend is there.
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@elskid206 That only makes sense when you ignore that wages rise too. Now yoy can complain it doesn't rise enough, but the purchasing power of the average person hasn't shifted too much either.
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@TaiyouArt I guess the 99% of people that didn't cash out in time and lost all of their savings are the "wolves"?
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@alfiey5783 He's literally correct. Make any copium induced crying you want, but Bitcoin is based on nothing but speculation. Yoy will destroy the livelihoods of millions every year if it ever becomes a sole currency for people.
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@intenzityd3181 Generally incorrect, barring the last few years specifically. There was some heavy inflation due to Covid spending to prevent the economy from collapsing, before that the only thing you were correct about was the rise in home prices. Car ownership, traveling, and the ability to get food only skyrocketed since the last few decades. You are pining for a time period that never existed; idealizing it while ignoring all of its issues.
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 @kirito3082 They became millionaires. And most scam artists don't start up as millionaires.
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@erans517 A lot of those "points" are what make it a scam to begin with. It's nature makes it easily abused by a few people. Unironically you guys are advocating for an oligarchy, the worst type of system for financial security for the average joe
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