Reasons Why The Crypto Dream Is Turning Into A Nightmare
Not Actually A Commodity
Gold is one of the most popular traditional investments because of its consistency. Yes, it will fluctuate but the reality is that gold is a finite commodity. Even if the value of gold drops, owners can still use their gold for something else. That’s not possible with crypto coins because they only exist in the metaverse.
This means nothing to most people in 2022 who only concern themselves with material wealth. Some of them use digital wallets but this isn’t the same as a crypto wallet because the money is real. Many crypto buyers mistook their fantasy for something tangible in the real world (via CNBC).