The Stock Trading Reality Podcast

Crypto Cults and “REAL” Value

12.05.2022 - By ClayTraderPlay

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All of this was pretty unintended. I routinely have people asking me about my thoughts on cryptocurrency, so I chose to do a quick social media post explaining my personal long term investment and wealth building/preserving strategy. For me, I feel most comfortable and at ease with assets that have, real, value. This opened up a can of worms as the crypto diehards showed up and droves to try and refute a very simplistic argument on my end. The fact that something so basic was so stubbornly defended forced me to do some reflections. After about four seconds it dawned on me that these people had no other choice. These people needed to do what they were doing out of pure necessity. The very nature of cryptocurrency, by default, creates cults. I wanted to expand on these so you better understand how to reason with the unreasonable. More so, I hope to help you understand (and therefore save time) in regards to realizing there is nothing you can really do to change a crypto cult member’s mind. Let’s hit on a few points that will clarify the topic and help you guard your time.

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