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I'm short "crypto," but long bitcoin.

Most of the ecosystem is scammy garbage, but I think there's still going to be enough demand for sound money that a currency that can't be artificially manipulated by a central bank will do well, relative to currencies that can.

Perhaps I'll be wrong, but that's why I'm not heavily leveraged and I hedge my bets.

I don't think the entire ecosystem is garbage. I do think there are a few useful ideas other than bitcoin. But I can easily support the assertion that more than 99% of the "crypto" things that exist are worthless and/or outright scams.




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