Unpopular opinion: crypto sucks, criticism topic
PERSPECTIVE
Banks suck but crypto aint much better. Higly speculative and unstable. Just as much bullshit as there is on wallstreet. Leverage, shorting, futures, longs, market manipulation and what not. People gambling with their money.

Your keys arn't really safe, what do you want to do, implement a chip in your arm? What if the chip breaks? Keep it digitally somewhere? Dig a hole in the ground? Most people keep it on centralised exchanges anyway. What if you die, it won't go to your relatives?

It fucks with your mental and emotional state too, because of the unstable nature of it. One day you think you have money, the next day 20% is gone. People who buy early are basicly just taking other peoples investment when they sell. Call it pyramid games. The space is flooding with scammers, annoying shilling shouting idiots and and what not.

Bitcoin and the likes are highly energy inefficient. Yes but look at the regular financial systems energy use you will say, blah blah....this is like saying u can dump your plastic in the river because there's a plastic soup already in the ocean. Yes here and there they use solar panels...well why not use them for more usefull things as they are costly to make. Yes but proof of stake you will say, yes...it's basicly being kept in the air by people that are again....gambling with their money. All these company's, can't they just build stuff without thousands of people throwing their money at them, hoping they will get rich temselves.

Blockchains are cool in their decentralised way, but all the speculation on top of it...

While everyone is shouting at digital coins, society remains a shithole. Salaries are low for most people, housing prices are still going through the roof. Crypto won't safe us. Wealthy people will get more wealthy at the cost of others, and some might get lucky..the lucky few who are in it early and take other peoples money when they finally cash out.

Sorry for the rant, but this is kind of how I'm starting to feel about the whole thing.