Imo they are all liars. They KNOW crypto is not a bubble or merely pretend tokens. They want to sell people on the idea it's a bad investment so they can sell stocks in bad investments, meanwhile come in and gobble up that crypto. They think, anyway.


I lived in California when the housing bubble burst. $700,000 homes devalued to $300,000 overnight. On top of that, co-workers within 5 yrs of retiring went from a couple hundred in 401ks down to 20-30 thousand seemingly overnight. Why? Because when you sign up for a 401k at many (most I'm guessing) jobs, you get a short list of options. They're usually all mutual funds or bonds. Collections of companies invested in which you have no actual decision in. The decision was up to that mutual fund who would pick a fortune 500 pack of businesses, which happened to be those too big to fail mortgage lenders that created that bubble with subprime mortgages.


Crypto gives us power to invest in the future we want to support. If something is fishy, we can move to another pond. We are not stuck in a cesspool.