There are tons of reasons why crypto shit the bed last week but the biggest reason is something we all know, deep down, is true but only the brave talk about it openly.

Crypto = Freedom for the little people (in good time)

The elite don't want us to be free. Knocking little people out of crypto, knocking little VC's around, knocking good ideas down is the playbook for the elite.

The WEF has publicly stated last week that the elite should be working together more than ever now. They don't give a flying fuck about others outside their fucking group.

In the past, violence was the only tool left to the proleteriat to change things. Once the violence had deposed the elite at the time, the populist movements were ALWAYS hijacked to institute new hegemonies and new orders of repression/oppression.

We're just repating the cycle. Is there any other recourse other than utterly violent revolution on a global scale? I hope so but it's not likely. Human nature hasn't changed in 10 thousand years at least.