Please describe where the Crypto money comes/came from.
And how it can be mined by using electrons ? By primarily using 5 types of cryptography. How is gold mined? Is the issue electrons? Is it because you want to have a physical item? Most money today does not physically exist. It's no longer possible to warehouse enough physical product for exchanges, the world moved on.
As for making money. Hundreds of Thousands Made, and can still make a lot of money by watching and cleaver trading.
Just like the 1st 3/4th of the Ponzi Scam investing people did !
Incorrect, cryptocurrency itself is nothing like a Ponzi Scam - but you can create a Ponzi scam using crypto, just like you can with physical cash, gold, marbles or grain. I was emailed by a scammer, is email a scam? Guns are used in crime, are guns for criminals?
People just want to believe it is "made up" out of nothing. You are acting like all crypto is just magically made up and somehow placed onto SEC regulated crypto exchanges. This is not true. It is decentralized, tracked currency, and there are disadvantages to that, in exchange for not having a single point of failure like a government or a bank. "Crypto" that does not share these properties is not crypto at all.
In July courts ruled that cryptocurrencies are considered securities when purchased by institutional buyers but not by retail investors purchased on exchanges. This would not be possible if exchanges allowed just any made-up crypto on the market.
https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts... Again this is no different than a guy who researched how bad guns are, never once owned one, and is telling a gun owner that uses it regularly how dangerous they are. Any day now that gun is gonna hurt someone, you just wait and see! - said the guy that never even held one.