If the governments would fix the fiat system maybe. But that is not in their interest or not even possible.
This is not true whats written there. Its not economic system, its gambling on internet token. Bitcoin âinvestorsâ love these dips and highs, its essential to what bitcoin is now. This is not fiinancial system, its game. Some wallets have been slimmed, some have been fattened, thats all.
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And it only shows how bitcoin is still insignificant despite all the hype from bitcoin fanatics. All it does is making economists think about making money a tracked, digital asset.
Yeah, I donât think you understand the point here. Look at the whole GME craze that just happened a few months ago. The interest alone in buying stocks almost caused parts of the stock market to collapse because they just couldnât handle it. And that is not my interpretation, that is what the guy running the clearing house said. That whole ancient mess is extremely fragile.
Crypto doesnât have that problem. Itâs not about some people losing money and others gaining money, itâs about the very backed of the system not completely collapsing under stress when events like that happen.
Iâm sure the banks will eventually build brittle stuff on top of that that will crumble and burn again so the government has to save them as always. But the backend is anti-fragile and we are no longer require to use the banks as we can simply directly use it ourselves if we want.
Keep putting your money into the ancient cluster-f of a convoluted mess that the legacy system is. I opt to use the new robust system. 
Robust as long as the power stays on, perhaps.
Are we back to âit doesnât work if everyone forgets how to produce electricityâ?
You guys are such zealots. The current system is not perfect, but neither is bitcoin. You just roll your eyes at the most glaring problems.
Do you actually have something of substance to say about the topic? If you just start with nothing other than personal insults like Lucas I will just block you and keep talking to others that are actually interested in a discussion.
Donât be a Lucas
It is? Which? Greater Fool, perhaps.
And that entire episode was overblown by the press ⌠big surprise, the press over-blowing an event, as usual.
GME et al was caused by unsustainable leverage, so was the housing crisis, so are most such events. If you are under the illusion that BTC, or any other crypto that reaches some exploitable market cap, wonât be leveraged, then youâve not been paying attention.
Well the centralized crypto exchanges have leverage. That is why we had such a big crash in price last week, as some clever guy saw everyone go long at -30% and pushed the price so much down that it caused a liquidation cascade. But the whole system just kept working. Trading can not be stopped and the system just ticks on as if nothing has happened. So all the participants have to account for that and hence the leverage is overcollateralized quite a bit. And it does that all without much regulation from the gov, simply because it is under no ones control, itâs just a program that ticks on completely oblivious what happens on top of it.
@Lucas_Kell can you stop commenting on every post I make? I donât want to talk to you as you are seriously just throwing personal attacks around, calling me a fanatic, criminal and even following me to Discord to cal me a pedo. WTF is wrong with you?
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Did you touch his spaceships in inappropriate ways though? 
I did no such thing. Feel free to provide some evidence. And why did you call me a pedo on discord? Or are you now just lying about that? You have some serious issues man.
All you can do is lie and insult. You called me a pedo on Discord for no reason other than to invoke a reaction. You constantly call me a criminal and fanatic here without any reason other than to further insult me and get more reactions.
If you continue to harass me I will just report it. Iâm seriously sick of it. Stop it
Crypto is basically flat for the foreseeable future. You canât hit people with 50% loss and expect them to sell and you canât tell people who just watched people lose half savings to buy.
So the markets are now illiquid