https://wiredhippie.com/crypto-winter-is-here-will-cryptocurrency-survive/ The virtual investment promises were compelling: High return, no inflation risk, complete safety, absolute privacy, and immediately transferable to anywhere. Clearly, this virtual investment would be the top choice in the modern age. Nothing could go wrong with the latest innovation: Cryptocurrency. Those vacating "investors" likely include a mix of privacy seekers like dictators, oligarchs, organized crime figures, and ransomware attackers. Making matters worse are the leveraged funds of funds that compound returns only if prices rise. As noted in Investopedia, "stablecoins are cryptocurrencies the value of which is pegged, or tied, to that of another currency, commodity or financial instrument. Stablecoins aim to provide an alternative to the high volatility of the most popular cryptocurrencies including Bitcoin, which has made such investments less suitable for wide use in transactions. People flocked to cryptocurrencies (CCs) to get in on the latest financial craze - and make big bucks (sorry - big CC gains). Following Bitcoin's success were new virtual currencies, with each following a different valuation path. "Get in on the ground floor" became the strategy for making the big bucks. The growth then took off, creating a roulette wheel of virtual currencies to bet on. Many financial innovations and theories have been created over the years. However, most are gone now, having crashed into the reality wall of common sense when sellers began to outnumber buyers. Will cryptocurrencies disappear? Thanks for watching! I hope you enjoyed the video. Please give it a thumbs up and subscribe to my channel if you would like to know when I upload new videos. #crypto #cryptocurrency #cryptocurrencynews #cryptonews #cryptowinter

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