I am not an absolutist. I am not a crypto guy only. I invest and trade both crypto and stocks. So seeing an anti-Crypto bro make an anti-crypto post that shows that they have no idea what crypto is and how it works, I can't help but feel disappointed.
Case in example: A top post on a stock-only subreddit
This poster thinks that crypto has a bank.
This poster thinks that crypto and ONE American bank determines how safe it is. To those new to crypto, as much as I love America, any news about America and rules/events concerning crypto is all about America. There is still 180+ other countries and TENS OF THOUSANDS OF OTHER BANKS OUT THERE.
This poster thinks that crypto is connected to ONE specific bank that all crypto users ALL around the world use.
This poster has no idea how crypto works; not understanding decentralization and how if this bank was really on a blockchain and was truly decentralized through the power of any crypto, let's say Ethereum, this bank run WOULD NEVER happen.
This poster thinks that crypto translates = fiat held in a bank. Fiat held in a bank is fiat held in a bank. It has severed all ties with crypto.
I have not been affected by these 2 "main crypto banks" going under at all. In fact, as soon as these 2 banks went under, the crypto market rallied because of the lack of trust in traditional banking.
So, this is how you tell others you have no idea what crypto is without telling others you do not know what crypto is. I am not a crypto bro. I invest in both stocks and crypto. I am not taking sides. But can't help to show how ignorant people on the other/otuside are.
Best of all is, if you can find the post, you will see the OP getting roasted to hell for his/her/their ignorance.
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