đ Top 10 Crypto Theories That Crashed Harder Than Terra
1. Peter Todd Is Satoshi Nakamoto
Another day, another Satoshi suspect. HBO recently suggested Bitcoin dev Peter Todd, but he denied it. Everyone from Elon Musk to random cryptographers has been accused, but weâre still no closer to the real Satoshi.
2. Gary Gensler Will Save Crypto
When the MIT blockchain professor took over the SEC, we thought heâd be pro-crypto. Instead, he cracked down hard, chasing talent overseas. If Trump wins, Gensler might be fired.
3. CryptoKitties & NFTs Will Change Everything
Back in 2017, people spent crazy money on CryptoKitties, sparking the NFT boom. Today, those digital cats are worth next to nothing.
4. Sam Bankman-Fried Will Lead Crypto Mainstream
SBF was once cryptoâs golden boy, bailing out companies and making FTX a household name. Then, FTX collapsed in scandal, erasing billions. Now, SBF is serving time.
5. Algorithmic Stablecoins Are the Future
Terra's UST was supposed to be a game-changer in DeFi. Instead, it crashed in May 2022, wiping out $40 billion in value. So much for stability.
6. McAfeeâs Million-Dollar Bitcoin Bet
John McAfee famously bet Bitcoin would hit $1 million by 2020. It didnât. McAfee admitted it was all a âruse.â Bold words, but no payout.
7. Vitalik Buterin Is Dead
A viral rumor in 2017 claimed Vitalik had died, causing ETH to nosedive. Vitalik posted proof of life using the blockchain, calming the market.
8. HODL Means Hold on for Dear Life
âHODLâ actually started as a typo in 2013 by a drunk forum user. Now, itâs a rallying cry for crypto die-hards during market crashes.
9. Facebookâs Libra Will Dominate
Facebookâs Libra was supposed to revolutionize crypto. But regulators crushed it, and it died a quiet death as Diem.
10. Amazon Will Accept Bitcoin
Every so often, rumors say Amazon will accept Bitcoin, only to be shot down. For now, youâll have to shop elsewhere with your BTC.
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