Black swans can happen in crypto to, you know..
https://coinjournal.net/news/sec-sues-crypto-startup-lbry-over-unregistered-securities/
I won't go into the details of the legal case - you can find much better details and summations online , of what happening right now, (better than I could give you).
Regulation is happening.
One way or another.
Did you ever think that 'the powers that be' would simply let a technology take their wealth from them?
Seriously?
Crypto is not robust. It is fragile .
There's no getting around the fact that it relies on the internet to work. And electricity.
Two things that you have no control over.
There's also is no getting around the fact that corrupt institutions - from the SEC , FBI, all the way up to the federal reserve, and the BIS (the Bank of International Settlements) have zero interest in 'spreading the wealth' anywhere.
There is no getting around the fact that they control the internet, the power supply and, with that - control of the internet. By extension, cryptocurrency transactions.
You might not like this uncomfortable fact, as it tends to suppress the dopamine production, but facts don't care about chemically induced delusions in the brain.
Am I saying that this is a black swan event?
No.
I am saying that all the hopium in the world won't stop the central banks from taking control of 'the crypto money' if they so wish....
Regulations of exchanges, re-classifications of what crypto is - all of these these can be legislated , making crypto a hot potato that no one want to hold.
The fragility is in the choke points, and peoples fear of 'doing things that are illegal'...you only have to look at the last 12 months of willful slavery to governments around the world by their populations, to know this.
Covid? lol
...they were checking for ' cuck subservience'.
And they've now confirmed this, and the levels that the scared zombies will go to, for some approval off an authority.
Crypto regulations - and crypto national currencies may well be next.
If people will imprison themselves voluntarily for 12 months - just because they were told to - then what chance do think crypto has if it was regulated in such a way as to be made 'illegal'?
And if anyone thinks that the legislators and judicial system aren't in the pockets of the banking cartels, then I have some beach front property in Arizona to sell you.
What is a Black Swan?
A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences.
Black swan events tend to occur because people have their avaricious eye firmly fixed on the moon, and ignoring the Sun that's actively burning away the very feathers that's necessary for flight....
Black swan events are characterized by their extreme rarity, severe impact, and the widespread insistence they were obvious in hindsight.
I've never had the crypto hopium addiction, money hasn't been my god for a long, long, time....
Something are obvious without hindsight, but it requires 20/20 vision in the now.
Hopium doesn't work in the present, it's firmly rooted in the future.
A future that you have no control over in the big scheme of things - only the illusion of it.