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RE: FTX files for bankruptcy
This collapse had nothing to do with bitcoin. It was one large exchange playing fast and loose with customer funds, and that's pretty much it. If there were checks and balances or regulations in place this never would have happened and bitcoin would be trading around $25k right now.
The difficulty in accepting reality lies in the fact that you either have this currency at your disposal, or you have had the bitter experience of losing money on it.
Accepting what reality?! If anything this is the end of the altcoin game and further pushes people towards bitcoin. Though I don't even think it's the end of the altcoin game, and certainly not the end of the bitcoin game. How does a centralized exchange collapsing due to playing fast and loose with their in house printed altcoin have anything to do with bitcoin dying?!
If you haven't noticed yet, maybe I'll open your eyes. Many countries are on the verge of war. A large number of people around the world oppose the governments of their own countries. Ipidemias all over the planet have been destroying people for a long time. And all these events needed money. They were not printed to the extent they were needed. This would lead to inflation. They created an electronic currency, and it has already done its job. And the abyss into which she is rapidly falling will become her grave. The Bitcoin era has definitely passed.
Lol I am not even sure what you are trying to say here... To be honest what you are going on about sounds more like something that would drive people to a non-sovereign means of exchange, like bitcoin. But, lets make an on-chain bet though since you are so confident in the demise of bitcoin... we can bet a certain amount of steem that bitcoin will be higher than this 2 years from now... you in?
This is what I've been waiting for. You answered your own question about Bitcoin. Bitcoin and exchanges are just casinos. For those who like to argue. And the fact that FTX was closed proves once again that the license was simply taken away from the next exchange, or rather, the next cash production pack was closed. I give you a guarantee that in 10 years everyone will forget about bitcoin. After they get the last one in the blockchain. Although the blockchain is just a program, and centralized. And the payment for solving some tasks is paid from the developer's wallet. But since you do not understand how many companies were involved in this offer, you will not understand that the work of bitcoin as a currency is over.
Huh?! Bitcoin will be minting tokens for the next 120 years or so... not sure what you are saying here?!
Second of all, most of what you said here doesn't make much sense or provide any evidence for your "facts". They were saying bitcoin wouldn't be around 10 years ago, yet here we are. They were saying bitcoin would never make a new high again after every single bull market, yet here we are with new highs every 3-4 years like clockwork. The fact you think bitcoin is over because one Exchange collapsed means it is you that clearly doesn't understand bitcoin or its value proposition. One, that is only strengthened by a centralized altcoin Exchange collapsing... You clearly weren't around when Mt. Gox collapsed 8 years age you, that collapse was infinity worse for the crypto market than this one, yet bitcoin survived and thrived afterwards.