The Republicans and Donald Trump seem set on establishing a strategic crypto reserve. They are claiming this will somehow be an important source of economic security for the country. It’s clear that establishing the reserve will be an important way to give tens of billions of dollars to Donald Trump’s campaign contributors, but it is much harder to see how it will provide any economic security to the country.
many ponzi schemes appear to be wildly profitable in their early phases.
I’d give your crypto graph a lot more interest if it covered the same timeline as the first one, but these are measuring essentially different things - a century vs. almost 15 years.
I have yet to see a cryptocurrency that doesn’t smell like a scam. and all the efforts converting electricity water and time into pollution really dulls the luster further.