Krystal and Emily are joined by Peter Ryan to debate his dire warnings on crypto. Peter Ryan: …
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Yes, the sky is falling. It always is.
Crypto was an intended liquidity spong during an era of out of control stimulus
So now Krystal has to say "like" every other word and sounds like an idiot.
Wow terrible. This guy doesn’t understand how btc code works and how hard it is to change…
This unfortunately feeds the ‘repeal the 19th’ movement
Hard to be truly decentralized. Kaspa is the only proof of work cryptocurrency that demonstrates this core principle.
This guy looks like he is 5.
@Breaking Points do better. This is pathetic.
No bias here at all… lol
If $NEXO isn’t on your radar yet, it should be.
In 2017 I bought Bitcoin but the more I investigated it and saw what was happening with, it became clear it's morphed more into a pyramid scheme rather than for the ordinary people. I sold it and purchased XRP, because I saw it had utility where as Bitcoin was being hoarded. Obviously I regret not holding on to it, so I could cash-out.
At the beginning of Bitcoin and if you held to now then yes it helped the average "Joe" / "Jane". But now it's become a mechanism for the ultra rich and governments.
what an unquantifiable load of 🐴 💩, dude could not be more uneducated about what is going on. probably saw all this s early and is jealous as f
This interview just left me super confused, so i checked the comments and yikes! Lol i just thought i must know nothing for a min there bc he was contradicting how i thought crypto worked, but also in kinda weirdly obscure ways so i didn’t really know what to think…glad the comments seem to be pretty clearly aligned at least
OMG… did he say the crypto sector wins… how awful 😅… my crypto portfolio is up 186% … how terrible 😅
LOL absolute ignorance. Shill fest.
A very muddy and confused conversation. Poor qs and very poor answers.
The first indicator is that Bitcoin remained an investment as a speculative but is not able to function as a Fiat Currency. It's energy consumption and mining system makes it difficult to ever be a "Currency" that can be used for legitimate trade.
The start of stable coins is the indicator that while the technology of crypto is needed a stable version is needed to become "a currency" for trade and commerce. The huge debt also has to be gradually swapped for something digital.
Homie’s big thesis in his article is “for the American people to rise up and have a currency by the people for the people”. Doesn’t even suggest it should be backed by
🤡
I'm a software engineer and although I think BTC is no panacea that Michael Saylor preaches (US shadow govt backed) but pushing retail investors away from it tantamount to kicking a man who is already down.
Moral of this video: you were poor, now become poorer but stay idealistic 🎉
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Im not mad, Im just disapointed in this segment.
How was this guest vetted? I could do a better job of explaining bitcoin and stablecoins better than this guy.
The death warrant for bitcoin, was listing it on the stock market. It now HAS TO CRASH, because ppl WILL eventually sell the coins to collect ACTUAL DOLLARS.
Can you guys get a guest on that can actually articulate pro bitcoin. Listening to this is painful. Their is environment right activists lauding Bitcoin as a unique savings tool for people in third world countries. You could have Jack Mallers on etc etc. Love your show, but on some topics it's unbearable and ignorant. This is one such case
Extremely misleading and bad video
I thought the episode would be the "crypto expert" discussing the inevitable collapse of fiat
All they want is for you to sell your assets. 😂
Time and again, Breaking Points disappoints me by inviting unqualified guests to discuss blockchain. Stop viewing blockchain purely as money, and your perspective will change.
The willingness of the current administration to destroy the dollar as the currency of the world only to grift off crypto all that they can get is sad.
The entire history of Bitcoin has been "The end is nigh" by people who don't understand it. I mean like dozens of "experts" every year have been saying this since 2009. I've made gooood money on buying the dip with Bitcoin.
(all other cryptos are kinda trash though IMO – I've been through many years of trying to use/buy other tokens and coins. BTC is king)
Yall are very uneducated on this. Wow
Buys bitcoin in 2013…10 years later he is a multimillionaire telling people crypto is bad…hmmmm!
You may dislike all the crypto bros, but the reality is that Bitcoin has made many people wealthy who otherwise wouldn't have been. And, of course, institutions, old tech, and old money are entering the fray in a way that can ultimately affect its value and future, but this is true of any new asset. Once the cowboys showed it has value, the turtles will ultimately win the race.
Additionally, please note that the software cannot be altered by a small number of developers; this may be true for other cryptocurrencies, but not for Bitcoin. Krystal, please, you have to read a couple of books on this asset class if you are going to continue doing segments on the topic. It is just not a good look.
Except Bitcoin. No inflation of bitcoin.
The intern really let you guys down with this guy lol, I love you guys but this is sooo bad, dude has no idea what he's talking about. How much BTC do you guys think he lost that he's just on revenge rage?
This has been said by others here but this guy's technical information is… real bad. A group of software developers couldn't change the bitcoin supply cap. Changes to the code doesn't change bitcoin by itself. It would also need to be adopted by the 20,000+ decentralized global nodes that maintain the network… I worked in crypto for several years and I would say I am more of a skeptic than many in the industry so I'm always open to counterarguments but this guy just doesn't know what he's talking about…
This guy is a tool.
Foolishness
Krystal is butt-hurt because she didn’t buy bitcoin
I like Kyle, and to a slightly lesser extent Krystal, but god this video has one of the most ignorant experts that I have ever seen, especially the sentence at the 10:06 point. Also, Bitcoin, altcoins and Stable coins are totally different.
Food challenges invite participatory comments and remixes.
So a lefty "pseudo" crypto expert talking to two lefties who have absolutely no idea what they are talking about.
BTC is fake bitcoin. It's a scam coin that has no utility and is increasingly too expensive to transact with. It needs to crash and burn.
It's a means to empower everyone. Not just the wealthy. If you have a single US penny, you can buy ten Satoshis.
This guy is a clown. There is well more than bitcoin to crypto.
The collapse of the SegWit2x BiP showed that decentralized consensus works, at least for now. This guy is selling doom. BTC is probably the best hedge against fiat there is. Try taking even $5million in gold across a border.
12:12 YES! This is Pulsechain. Decentralized censorship resistant software. He is ignorant of completed code. I am living proof this guy is wrong, and I know he has never heard of Richard Heart and DeFi. Happy to chat.
Looks like Martin Skreli’s non evil twin lol