I remember when Crypto started to be heavily advertised and people were trying to get me into it. At the time I was a little dumb but I was so confused how the coin was valued. I kept asking if it was valued by gold or something. When they told me I was investing my real money for cyber money I said no. Because it sounded like a shady start-up project. No one could convince me that there was no chance you could lose everything by con or if the coin failed. I guess if cyber currency was actually used as a real currency and fail-safed it would work but it seems that no one can be trusted to run it.,(reply>), @SomeCasualGamer I think there's a meaningful difference to be drawn between investing and speculating.,(reply>), If it makes you feel better, our banks are ran the exact same way :),(reply>), I mean there’s risk to everything you invest in. Crypto is just the most volatile lol,(reply>), It isn't that nobody can be trusted to run it - though they can't be, the space is almost entirely occupied by grifters - it's that the underlying systems that are meant to run this would be digital currency... are the most inefficient payment system ever devised by humans: the narrative that the purely speculative value that all those arbitrary tokens have now is ever going to translate into real world utility, that justifies that value as more than simply "baseless speculation", once they achieve "mass adoption"... is completely laughable. <br><br>It's the most inefficient payment system ever devised by humans, it doesn't scale, it immediately centralizes, and the user experience was garbage when it was introduced and is the exact same garbage 13-years later: the only developments in the interim have been a myriad of ways for people to not actually have to use the blockchain parts much/at all (it working best when you <b>aren't</b> using it), via an endless series of entirely centralized entities, that don't have any of the supposed advantages that the near magical force that is "decentralization" (which is always just a meaningless marketing buzzword, whose definition changes depending on the beliefs of whoever it is being preached to) are touted to provide, and are in fact only being hampered by the decentralized bits being present within the ecosystem.<br><br>It's a sham, that doesn't work... and it literally can't, because fixing it would require solving an impossible computational problem that very very smart math types have been extremely motivated to solve for decades (which is why it's now considered impossible, since nobody has). The only thing you can really do in the space is thus perpetuate fraud, and spin up an endless series of investment scams, hoping to confound the SEC in their game of wack-a-mole by creating so many moles to wack that it's impossible to keep up. It's why the space is just grifters, fools, or foolish grifters - everyone who critically examines the space comes away with the same impression you had, that it simply doesn't add up; the tech-bros behind it talk a big game, but all they ever deliver is vaporware, or worse renditions of things we already have.,(reply>), Glad you love the content ! Feel free to reach out for more tips on how to build your finances..