$623 Billion Later: Crypto Market Still Not Rich, Somehow Remains Popular (What’s Wrong With You People?!)

The crypto market’s latest surge has got me thinking: have these people finally realized that their get-rich-quick schemes won’t actually make them rich? Or is it just another case of ‘buy now and pray later’? Either way, the fact remains that cryptocurrency is a bubble waiting to burst. And let’s be real, folks, if you’re investing in something as volatile as bitcoin or ethereum, you might as well put your money on a roulette wheel at Caesar’s Palace. At least then you’ll have a chance of winning (albeit small). But I digress. The fact that these currencies are still being touted as legitimate investments is nothing short of laughable. Only last week, Jemima Kelly was pointing out the absurdity of it all in her FT column – and she’s not alone. Nouriel Roubini has been calling this a bubble for years now (and getting flamed by crypto bros everywhere). Even Senator Chuck Schumer is on board with that notion. So what gives? Is everyone just too scared to speak truth to power or are they all secretly in cahoots with the scammers running these Ponzi schemes?.