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If it is not a real object, it is a form of pyramid or ponzi, that is, all kinds of money is not the product or real object such as a chair, a shoe, a car, etc.

Money is just an vow to exchange something, and has no value.

But cryptocurrencies are even worse than money, they depend on technology, and in a difficult situation they can't be used, and they are used in money laundering for Russian, Chinese, Italian mafias, ISIS terrorists, etc. Cryptocurrencies are not officially approved by the government, that is, the government may block them, as Turkey did and banned cryptocurrencies, now imagine if USA and other countries do the same ? There's gonna be idiots committing suicide.

If you own cryptocurrencies, I recommend that you take all the cash value of them, and start buying real objects, such as house, car, even food, pay your bills, etc.

Get out the sooner the better.

If it is not a real object, it is a form of pyramid or ponzi, that is, all kinds of money is not the product or real object such as a chair, a shoe, a car, etc. Money is just an vow to exchange something, and has no value. But cryptocurrencies are even worse than money, they depend on technology, and in a difficult situation they can't be used, and they are used in money laundering for Russian, Chinese, Italian mafias, ISIS terrorists, etc. Cryptocurrencies are not officially approved by the government, that is, the government may block them, as Turkey did and banned cryptocurrencies, now imagine if USA and other countries do the same ? There's gonna be idiots committing suicide. If you own cryptocurrencies, I recommend that you take all the cash value of them, and start buying real objects, such as house, car, even food, pay your bills, etc. Get out the sooner the better.

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[–] • 0 pt (edited )

Lol... OK. So what if I have to run? I can carry millions of dollars in my mind with crypto. Good luck hauling your silver horde through a checkpoint or airport.

The other advantages of crypto is that there is an upside. Nothing you mentioned has an upside. They are all liabilities. Nice FUD on a red-candle day tho. I shouldn't even be arguing with ya... It is to my benefit that they fall in price as it gives me more upside on the next run. Hell, I left the US so I don't even have to pay taxes on that shit. Good luck having a house in the US.

The real answer is to own land, metals, and crypto as primary asset classes with no debt and enough cash to float for a few years . Why argue over it? That is the best setup.