Perhaps there are more threats and manipulation involved in decentralization of currency

AbnerKeppel
2021-11-01

It looks like there may be a lesson playing out here that perhaps there are more threats and manipulation involved in decentralization of currency, which civilization has worked for thousands of years to avoid through its own banking system's evolution. Crypto as a decentralized vehicle may not be a financial advancement, but the Trojan horse that threatens the financial stabilities that societies have built. Albeit not perfect and far from it, but better than this variability of being rich one week and poor the next and vice versa in an endless cycle.

Is it possible to drop or increase USD value by 30-50% in a week or two?Yet these moves are happening with little to no catalyst in Crypto often, either up or down.

I dabbled in Crypto to learn more with optimism that it was a highly advanced move in currency that I was not smart enough to comprehend the full benefit of...however am now starting to lean toward it being smoke and mirrors of a runaway train that will inevitably jump the track, taking everyone's savings that is on it with it.

$Coinbase Global, Inc.(COIN)$  

$Grayscale Bitcoin Trust (BTC)(GBTC)$   

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