FTX’s Collapse Reveals Deeper Questions About Bitcoin Adoption Versus Speculation

Bitcoin Magazine

This is an opinion editorial by Brooks Lockett, a freelance writer and Bitcoiner who fell down the rabbit hole in 2018.

I long for the day when savers outnumber speculators on this planet. And the FTX saga has shown us that we’re nowhere close to that dream.

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Still, the future remains bright. This article attempts to identify the psychological forces underpinning the recent FTX crash, and provide insight into how we can create information that hooks newcomers directly onto the bitcoin standard and helps them avoid getting entangled with the siren call of altcoins.

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When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

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If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

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For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

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What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

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