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1) the article is very good news, because Crypto the hype newsline word is dead. This means we are past the hype phase of the hype cycle and collapsed to the steady climb of actual usefulness.

The US Dollar is a big scam too, if COVID didn't highlight that then... well, it doesn't really matter.



How the hell did COVID, a period over which the dollar’s value has increased, reveal the USD as a scam?

What COVID did is reveal what a currency actually is. It’s a bet on the reliability of the backers of the currency. In the case of the USD, that would be the US government and economy.

BTC only has value because people don’t seem to understand this basic fact of a currency.


Anything with fixed supply that can be used as medium of exchange has non-zero value to market makers.




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