I’ve been in finance long enough to watch bubbles rise and burst like clockwork. From dot-coms to housing, from GameStop to crypto. And every time, folks get suckered into thinking “this time is different.” But let me tell you something straight: digital currencies like Bitcoin and Ethereum are not money—and they sure as hell aren’t wealth. This past Friday, crypto markets got absolutely nuked. More than $19 billion in liquidations in a single day. That’s ten times worse than the FTX collapse. Thousands of wallets wiped out, billions lost, some tokens falling over 90% in minutes. People are calling it a “black swan event,” but the truth is: this is exactly what crypto was built to do—explode up fast, and…
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