Why Bitcoin Is a Scam

[Kal Di]

I don't know any other way for a person to earn 25-75% APY on their investment (versus the stock market that gives you 8% APY on average).

That 25%-75% isn't working out too well.

So, where are we now?  We are down nearly 70% from the market highs. 67k high, 21k now. 

For those that understand the mathematics of the stock market/investments, if you lose 50%, it takes a gain of 100% to break even.  If you lose 75%, it tasks an increase of 300% to break even.

And you better hope the U.S. doesn't decide to ban crypto altogether.

Buying and holding is not the only way to make money with crypto, but it is the most common way that many people hope to make money on it. Staking is another way to make money on crypto, regardless of the volatile market. And there are other ways...

When an economic recession hurts many property values of real estate markets, most investors do not rush to sell their properties because they know there are other ways to make money with their property (e.g. rental income, lease options, etc). Many educated crypto investors have the same philosophy.

If the USA bans crypto, that's fine. There are already many people who hold assets in another country in a legally binding entity. The U.S. government does not have jurisdiction on a sovereign nation nor can they claim something that any American abroad doesn't own (even if he / she has full or partial control of it).