Is crypto era over?

The banking system is even more of a Ponzi system. A system designed to put you in debt and keep you there. Institutes of "upper learning" who fleece people of their inheritance or life savings & told "it's the right think to do it's what all the intelligent people are doing" now you left in utter debt in a job that won't even pay the rent how does that make sense? Then you in doubt for how many years? Also it's amazing you only see things from one side. It's good that if you are a moron and send crypto to the wrong address it's gone forever. When I get paid I want to know it's mine. When I see crypto in my wallet it's mine. Not the banks or the governments. But hey I guess it's cool that you can reverse charge with PayPal. Your money in your bank isn't even your own. Also you talk about insurance? What insured. Money isn't insured? If you lose it or get scammed tough. Also yes obviously if you lose your private key you lose your money how else would it work. If you so irresponsible you lose your private key people probably shouldn't be doing business with you. Btw you can totally use bitcoin to buy groceries here. One of the largest markets accept it. Plus most of the things I buy online or that are digital are with crypto. Dear god I tried to make a transfer the other day with my bank. Needlessly complicated. Not to talk about routining me through a third party which I was very reluctant to add my login details to. A big no no in the crypto world. Seemed like phishing. Lucky it was not.

I use crypto all the time to pay for things. If it doesn't make sense to buy groceries with it then why does it work? You simply scan a bar code. "One mistake & it's gone" "one crash and it's gone" hmmm I'm not sure you really understand having said things like that. People aren't responsible and love blaming others though I do somewhat agree but nowhere near to that extent. You see the thing is because you are your own bank you are directly responsible. If you don't like that you can use fiat noone is forcing you. I set my phone up so I need my finger print before any transaction. Because one thing I will agree with is that is fairly easy to trade lytrally your entire 100% holdings of a currency by mistake for another since they have 25% 50% and 100% to tap on instead of typing it out. Or a slider. It does ask to confirm but I still think it's not good enough and unsafe. You can always trade your currency back though. Wallet crashes won't do anything as long as you have your privatekey you can restore your funds.

Yes you can't say crypto is like stocks. Stocks you can spend. What's wrong with that? It makes alot of sense.

Yes it is largely useless crap designed to reel on the greedy. When people say things like "how to make money with crypto" they have already lost the point. It is money in itself and those who obsess over its "value" are normally the ones who lose "money" buying silly tokens or coins that don't do anything isn't going to help you. That's why I hold tokens with their own network and use case so you can deploy your own tokens and Dapps & use web3. Most crypto is crap I agree but the technology isn't it's the people that are.

You are repeating yourself so I don't think you are reading what I've said. I definitely want to b my own bank and many people do. Our local currency loses 10% value to the dollar each year. It's trash and why would I want to support the government? I've had endless issues with banks and not a single issue with crypto. Infact I can trust a random Russian admin more than my local bank which I can physically go to. I've waited two weeks for a refund with banking and only a few hours with crypto.

There is definitely a demand for it. I've already told you this twice so now I'm repeating myself. If you don't like crypto why you even here? All the problems you have mentioned happen with fiat as well. And again your money is not insured this is bs. Your bank won't recover your funds of they go missing. They also do a **** job if you are scammed. Meaning they do jack ****. Your opinions aren't facts. If you lose your crypto it's your own fault learn to take responsibility and stop blaming others. You are also incredibly negative it's toxic. Your money in your bank isn't even yours and can be frozen. The fact that you still around constantly moaning . Like what do you think you going to change peoples minds. Move along. We all heard you and you like a broken record. A monkey beating the same drum over and over. The fact you have 16000 posts. This isn't even a busy forum. Have you not better things to do?

You know what? I actually respect you. Thank you for not becoming aggressive or nasty or even worse name calling. You don't sprout off about things without proof of at least some thought because people who stamp out a whole technology just because some abuse it are not intelligent people.

Ok so being your own bank I understand is not for everyone I really do. People should a technology they feel comfortable with. People often joke about keeping their money under their mattress 🤣 We both know it's a metaphor and many people do keep their money in assets infact any rich person uses asset not currency. It's much better to own an asset like a house or factory then have the value in money. Because money loses value over time. A factory for example won't so long as it's used and maintained. The reason is they feel the government are greedy and they bloody are. I can't find a single person who will tell me they agree with how much tax they pay. So something outside government control is appealing you see.

Here is one massive advantage. So you say the local currency is due to economics and you are correct but let's say the government didn't have full control over the economy? People did instead. This would prevent the government giving another country millions of dollars instead of helping its own country. This doesn't help the economy and it's the government making stupid choices that drives the value down. Which is why I keep American dollars in either assets or USD tether coins. Obviously I use a ledger and so not interact with other addresses or contract other than my own so it's very low risk lower than with my bank.

On my bank account a few months ago I had to cancel my card as I found transfers of "amount due" which I find no records for. The bank is not like the blockchain where I simply look at my address and see where the transaction went. Instead they hide it just like a scammer would saying "payment due" my bank was not capable of telling me where this came from and it scared the hell out of me that it even happened since I rarely use my bank. I had tried to buy Fortnite vbucks on the epic store when the charge went through about an hour later. Very strange. My bank is ok now but the fact is they can't help me or even know what's going on is so bad. With crypto I can solve the issue without them. For a fact I wouldn't be having debt charges to begin with. I don't trust the bank or the government forgive me for having little faith in a system that tries to keep you in debt. Nevermind the loans the bank tries to get me into knowing full well I'll never pay it back. They even "as a customer service" apply me for debit cards and spending cards and various outlets.

However, as long as people are involved things go wrong. Crypto that has little involvement of people which is written by a smart contract is very safe so long as it's been audited. It's because it cannot be changed. The problem happens when people change or hide things. This is why we call them shitcoins. They nothing more then trash that clogs up the blockchain and pushed by shills. I've never invested in hype nor have I ever though I will become rich over night. Such thinking is the penny pinchers of the crypto world and there so many of them. These people are greedy and don't care for the technology. Thanks to them crypto gets a bad name.

I absolutely agree with you they things are out of god damn hand like wtf when I look around I feel sick. It annoys me so much that scams take money that should go to legit projects because of greed. Some people seem to think all you do is buy crypto and it magically goes up it's amazing how stupid ppl are. I'm very disappointed with how things are going tbh and I totally understand when people say it's a waste of energy and time. Because these people don't understand the technology and are not developers but they hear bad see all the filthy scams plagueing the place.

Proper crypto investors don't buy these shitcoins these shills try sell us they all worthless junk that do nothing. I mean have you seen the fk fest that is NFT lately? Dear god. Monkeys with caps that do bloody nothing. Just a collection like kids collectable cards. Not even a game. If the NFT was cards for a card game then cool but nope. It's just a freaking monkey. Then people wonder when others think it's just a scam. They is not what crypto or NFT is all about that's just some idiots selling crap to other idiots. Or maybe they not idiots just lack morals and decency? I can't imagine selling something to someone that does nothing and telling them it's awesome and will save the planet. It still amazes me how many people fall for scams.

Also people who use crypto to try to make "real money" miss the point and honestly aren't welcome or needed in the crypto realm. They are a scourge. Crypto is real money that's they point. If you want more crypto then you have to work. These people that want to sit and do nothing and think they will make money are dilluaional. Crypto is a currency and like any currency must be earned. I get paid in crypto and I sometimes help other crypto projects and trust me there so many bot account and little shills that will promote anything they don't even check the liquidation before hand because they don't understand then get paid in worthless coins. I do my research and work for projects that have an actual market and use. Many users who are paid in the project's tokens dump right away and get paid nothing.i wait for the project to develop and usually the tokens price goes up. Then I sell. These are not people that help the community all they do is convert to fiat and buy whatever crap they waste their money on and offer nothing to the project they also spam their work and have no worth ethic.

Yes, yes there need to be regulated tokens if we want the risk as little as a bank with regards to the keeping of your "money" If we actually had proper legal companies that went through a regulation process and were held responsible by law things would be different. Still allowing people to buy more decentralised tokens knowing the risks. This way blatant scams can be traced to the trade between the regulated token and the decentralised one. More incentive for a regulated token to find scammers then simply allow them to do as they please. That is what crypto should be.

You don't have to "cash out" you can buy something from someone who is willing to accept crypto payment without cashing out anything. This whole "cashing out" thing is another dillusion of the penny pinchers mentality. People who think about "cashing out" should stick to fiat and merely use crypto as a vessel for payments or investing. There many job and "get paid to" websites that pay in crypto. Most do infact. For many it's a much easier choice. Banks are a pain the transaction takes long if it's from another bank and then there all these laws about transferring currency to your local one and thus big fees. It's a pain. I was never able to be paid online until crypto came along and that's why I use it. I use it as it's meant to be used. Also btw it's easier for me to fund fiat payment processes like Skrill payee and the like using crypto. Because otherwise I have to connect my bank account and it doesn't always work or work well or at all because I'm transferring from my local bank into an international one. With crypto I add an address type the amount and hit enter then I can use my Skrill account. Also I prefer not to give my banking info out too often. I don't mind giving out my wallet address. Banking is also alot more expensive.

Why would you use Eth? Just wrap it on the polygon network and you can send it for $0.01 . Bank costs $20 but PayPal fees are like 7% no thank you that feels like I'm being robbed. I'll never spend more than a few cents sending crypto. Which is why I use polygon not Eth or BNB I'm not paying those crazy fees. Exchange and transfer fees are merely 0.5% It's your own fault if you paying more.

There is plenty sense in being paid in crypto. I don't care if it's volatile so what? Don't keep crypto if you don't like that it's that easy. I get paid in crypto I believe in so I don't care what the USD equivalent is. Mostly keep stable coins very easy to use seconds to send. Again polygon network. Very nice to be a Dev on the network as well. Works very well and writing solidarity contracts is great using it I've never had an issue or works very very well. Also polygon matic is very stable for crypto. $0.80-$1.30 for a long time. Just spend when it's high if you can though you never know what's high so ya. So I don't worry about price. The fact I'm not obsessed with fiat value is the reason I'm even in green.

It's way easy to keep hand of my financial info and I can easily track payments I've made from years ago. I can't do this with the bank. I want my money to be transparent not hidden away. All my business is on the blockchain for everyone to see I hide nothing. Pity government won't use crypto oh wait.... Then we can track their payments for those expensive holidays and sports cars. Every cent out of the hands of government and banks is a win. I'm very happy with my cool internet money.

I don't like being told what to do especially when it comes to money so crypto works just fine. I can also spend it where I need to. As far as I care fiat and the bank can f off.

I said $20 not 20% please read more carefully. How can your banks free be paid in % anyway if it's fixed?

Yes this is why never keep tokens on any exchange. Actually crypto has a blockchain and contracts deployed that can't be fiddled with by people hence why we have miners to protect that. Never once had a problem with an exchange as they solved my issues very quickly while the bank didn't even know what's going on. 3 hours to get back to me and sort my issue.

But yes it's far from perfect. In many ways what you say is correct. I hardly think regulation always counts because some "regulated" exchanges blocked withdraws under some "government order" btw you can get scammed and hacked without crypto. People scam others all over thile show it's hardly exclusive to crypto. Look at Forex for example and how they peddle that crap and it's regulated. 70% off people lose their money. You also get scam stocks on the stock market run by shell accounts that don't actually exist and stocks worth nothing. Don't pretend scams are exclusive to crypto. All the things you mentioned can happen with your bank or even cash in hand.

Yes, sell all your bags at a loss just as crypto use accelerates in the real world.

Get out now before mass adoption of blockchain happens in the next few years, it’s the smart play. 😊

It really feels like crypto is dying a slow death, the hype has moved onto other things. I think many maybe expected a big bang ending, but it seems it is more like a punctured tire. It has been 6 years since the initial hype in 2017 and we haven't reached a point where it is used for anything other than speculation (yes, I know some of the niche enthusiasts will say they use it for things, I am talking about average joe).

No, Coinbase trading volumes down 58% YOY. Very little about crypto in media at the moment, hardly hear anybody talking about it in work etc. I mean you can't really think things are going well at the moment can you? I know some will point to the cycle and say it is to be expected, how many times has the cycle repeated so far? You would be basing your extrapolation on a very small sample size. Look at the posts in this forum, mainly newly registered users asking about memecoins and another newly registered user agreeing that is a great idea to get in early, etc. The forum is on life support, which is indicative of the level of interest