The Main Argument Against Crypto - Deepstash
The Main Argument Against Crypto

The Main Argument Against Crypto

One of the leading arguments against crypto is its extreme volatility.

Between April and June 2022, Bitcoin's value more than halved. Established companies like Coinbase, a popular crypto exchange, have announced layoffs. Crypto sceptics argue that the crash has revealed crypto as a Ponzi scheme.

While some of the criticism is well deserved, the focus on price volatility isn't as strong an argument. Instead, it reveals a misunderstanding of what different crypto assets represent.

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"I always say, 'People first, then money, then things.'" ~ Suze Orman

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