They’re back. As the crypto bear market worsens, the haters are coming out of the woodwork again to sneer at an industry they’ve long insisted was nothing more than an overhyped scam.
Veteran crypto users have seen this movie before. It happened in 2010, 2014, 2018, and it’s happening right now: Media pundits and casual observers—many of whom know nothing about crypto—are trotting out the same tired talking points to say that they’ve been right all along.
At Decrypt, we report on the good, the bad, and the ugly of the crypto industry—and we’re the first to admit that lately there is plenty of ugly. But we believe that crypto is fascinating and here to stay. And with the recent slew of mocking headlines celebrating the crash, it’s deja vu all over again.
Happily, we’re here to help. Next time an “expert” at a dinner party starts mansplaining why crypto is nothing but a scam for suckers, point them to these retorts. Print it out. Fold it up and put it in your wallet. Laminate it and use it as a placemat. Tuck them under windshield wipers at the bank. Anything to shut these folks up—plus, it’ll keep your blood pressure down.
“Crypto is…
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