ASK LEO: Will Crypto Naysayers Like Senator Jon Tester Ever Become Believers?

Source

It may seem as though Cryptocurrency will never be good or credible enough to some particular persons, one of which is Sen. Jon Tester (D-Mont.). These persons have consistently put out their 3 cents regarding why crypto should or shouldn’t be in existence. Sen. Jon stated on NBC’s “Meet the Press” that cryptocurrencies shouldn’t be in existence in the first place.

“I’m not a financial person that does regulation, but I see no reason why this stuff should exist,” Tester told moderator Chuck Todd. The senator argues that the largest cryptocurrency hasn’t been able to pass “the smell test.”
Source

According to Sen. Jon, blah blah…the value of the cryptocurrency markets practically originates from thin air. Another person who has always been very vocal about her disdain for cryptocurrencies is Elizabeth Warren- A Massachusetts senator.

She recently wrote an op-ed in the Wall Street Journal, in which she argued that cryptocurrencies could take down the entire economy without proper oversight. Last year, Warren compared buying Bitcoin to buying air.
Source

One would think that the widespread adoption of cryptocurrency would change the narrative of the crypto naysayers, but it hasn’t. Sen. Jon has continued to state that regulating cryptocurrencies may actually make people believe they are real.

@onwugbenuvictor stated in his article titled Bitcoin and Crypto seem to have died a thousand times but they are still here, where are the Bitcoin to ZERO people?;

Yeah yeah Bitcoin and crypto are dead and they have died a thousand times this year and in this prolonged bear market in the mouth of all these crypto critics and haters and somehow bitcoin and crypto are still here as strong as usual before I forget where are the Peter Schiff crew of people who could bet that Bitcoin would hit Zero by the ending of the year, we are already at the end of the year and the year has 20 days to be over and bitcoin is still holding strong above $15k, in fact, it has only touched $15k range once this year and bear market which was when FTX saga happened.
Source

So, after all, that has happened the crash and all, do crypto critics and haters still believe that the crypto market won't survive this bear market and would still hit ZERO because like I have been saying there is no chance in hell that will happen, in my opinion, and am not shy to say it, so my advise is ignore all these noises online about Bitcoin and Crypto, do your own research (DYOR) and Catch the Bitcoin and Crypto Wave now at cheaper prices and enjoy the profit that will come from it later.
Source

…And, I completely agree with him.

What are your thoughts?

D you agree with the Naysayers, or are you a believer?

Posted Using LeoFinance ^Beta