Crypto Gems

Crypto Collapse – Philosophical Causes & Monero Implications


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Pray for all our crypto compatriots that have experienced significant losses. A lot of people put their future financial hopes in crypto and are likely in a tough spot. Let us be humbled and grateful for what we have and mind the important things – Glory to God.

Today we discuss the philosophical underpinnings that ultimately led to the crypto collapse and what lessons we should learn. We also discuss other current developments that show Monero’s underlying fundamental position grows stronger by the day. Ironically, the crypto crash could actually improve Monero’s bullish case. Enjoy.

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Timestamps:


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Intro + Market Carnage: 0:00:00
Crypto Desperation, Deception & Disorientation: 0:05:50
Capitulation of Sovereignty: 0:12:20
Investing In Real Utility: 0:18:20
Comments On Strong Community Foundations: 0:22:45
Price Controls & Monero Fundamental Bullishness Increasing: 0:30:00
Market Updates, Portfolio Talk & Outro: 0:36:15

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13 Comments

  1. Great vid. Btw do you follow Luke Smith? You guys seem like you'd get along lol.

  2. Trust in communal relationships are necessary and can not be solved with any tech, even monero

  3. The only real Crypto is monero (and btc nearly was).

    All these smart contract L1's will all fail. Including eth. Maybe eth can continue as a gambling platform. But no mass adoption by corporations is ever going to happen because corporations don't like decentralized platforms. They don't want trustless, they want trustful. Plus, the current systems employed by businesses already work.

    Yes govt want to use cbdc (for reasons that are detrimental to you and me). Yes cbdc may replace the swift backing system (I guess xrp has a chance). But the implementation of cbdc is only a justification for the existence of one crypto, to wit: monero.

    Everything else is just bullshit. It's a money making scam, a craze, a tulip mania. One giant speculative bubble and there is nothing on the horizon that indicates that this comment is wrong.

  4. Every religion is based on the function of the pineal gland. Most annoying to me is the monopoly on the truth every religious group is trying to put. Why not let existence be your religion and embrace all forms of it.

  5. If Monero wants to become a real currency, not concerned with the price volatility like any other major currency like the EUR, USD, YEN, YUAN, CAD, SGD, the community needs to break from the rest of the crypto space with as many users as possible pricing goods and services directly in Monero without a peg to USD or EUR, at least in a customer facing manner. I understand that is nearly impossible for many, but it could begin with digital product creators. When the marginal cost of a good or service is zero or near zero, then the price fluctuations of the day to day crypto market should be meaningless to Monero proponents creating digital goods and services.

  6. I was buying XMR like a madman. I wish it went even lower like below 100 bucks but I already knew in advance t was kinda unrealistic

  7. WHEN I MET👆✌️I HAD FEELINGS HE WOULD BE LIKE EVERYONE I HAVE MEET BUT HE TURNED OUT TO BE SO GENEROUS AND GENUINE….I CANT DO WITHOUT THANKING CHARIMAWORLD FOR WHAT HE HAS DONE ✅ FOR ME AND MY ENTIRE FAMILY🍬🍬🍬🍬💒💒💒💒

  8. WHEN I MET👆✌️I HAD FEELINGS HE WOULD BE LIKE EVERYONE I HAVE MEET BUT HE TURNED OUT TO BE SO GENEROUS AND GENUINE….I CANT DO WITHOUT THANKING CHARIMAWORLD FOR WHAT HE HAS DONE ✅ FOR ME AND MY ENTIRE FAMILY🍬🍬🍬🍬💒💒💒💒

  9. How do I buy monero? It's the only crypto I trust and I don't trust using binance. I invest mainly in precious metals, but also monero take my fancy. I only trust privacy coins.

  10. "Sorry, I just had Chick-fil-A." ROFL

    I too, love that Spicy Deluxe. I feel you. 😂

  11. This might be a huge cope, but I think the crypto community already priced in an event like this. This shouldn't have any long-term ramifications.

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