In reality, the cryptocurrency bear thesis is alive and well. Bitcoin and funds like the Grayscale Bitcoin Trust (OTC:GBTC) are not safe investments. Cryptocurrency transactions are far from the anonymous, risk-free transactions they are advertised to be.
Bitcoin is a terrible store of value and an equally terrible long-term investment. And the more bitcoin becomes mainstream, the more the most powerful governments in the world will make it their mission to undermine the cryptocurrency.
Eulogy made by Wayne Duggan