Anything which is a security or can be bought and sold at a varying price needs to be watched….critics are just as important as cheerleaders. In the case of Crypto the critics are consistently taken out back to the woodshed…When you try and argue with anyone in that sector their go to defense is “You Just Don’t Get It And You Never Will…”

If ever there was a title that was pure shameless “click-bait” and confirmed at first glance that this is not a blog with editors or a standards council to answer to…..

Apologies if I went straight Jerry Springer on you while simultaneously resetting the standards of this blog and lowering them at the same time.

Maybe I should’ve stuck to the title of two days ago which was “The Day My Lawn Guy Became A Stock Trader & Crypto Became A Cult.” (more on that later – Part 2).

I ultimately decided upon this title (which either offended you or got your attention or both) because I felt it encapsulated the pure absurdity of the cryptocurrency era.

The title is made up of two parts –

Part one is based on a quote that John McAfee (of software fame} famously uttered – “If Bitcoin doesn’t hit $500,000 by the end of 2020 I will eat my dick on national television….’ We decided to use his first self-cannibalizing proclamation rather than his price target change where he moved his preDICKtion to $1 Million.

This statement led many to blindly purchase Bitcoin (20,000 new users of Bitcoin because of that quote) many buying for the first time.

Recently there is a movement amongst Bitcoin holders trying to force Mr. McAfee make good on what he said way back in time (Bitcoin Years are different) they want their pound of flesh from Mr. McAfee. They want to hand him a fork & knife and force him to make good on his failed bet…..but to their disappointment they learned that it was no where near a pound.

Part two in the title is the recent news of diarrhea crypto which I will not go into in depth …but here is a link. To summarize Doge Coin was originally a joke & based on a Meme….therefore evidently anything can be classified as crypto worthy & go to the moon. No Shit,,,,?

But not to let the McAfee $500,000 dream die!

As they say “Two Heads Are Better Than One.”

What two better heads than twins…and good looking stud twins that have been their since the beginning.

As a matter of fact they invented the entire idea of never selling..here is a question…if no one ever sells whats the point? No worries,,,just hold it till the Twins tell you. So many questions.

Yes the Winklevoss twins recently have taken up Mr. McAfee’s cause. They have come in to save the day.

I find it fascinating that everyone is so obsessed with two numbers – $500,000 & $1,000,000 when they really should be worried about $20,000 & $10,000…

Speaking of new crypto’s – I hear that Chuck’E Cheese, Dave & Busters & Chaturbate all of which have nothing in common (well Chaturbate is a grown up version of other two) except for the fact that each of them represent escapes & ultimately reward addiction by providing tickets as one wins which can be used to buy worthless items….

In the case of Chaturbate no tickets are awarded but one will get a call from the bank asking , “Really? Are you on that site?” ….one uses them in the order written as one ages….. Chuck = Age 3-15, D&B Age 3 – 90, Chat Age 18+

All 3 are considering launching CryptoCurrency – Why not?

How can cryptocurrency even begin to be a viable currency when the absurd occurrences which screams illegitimacy are but just another normal day in the world of crypto.

This Post has changed its title, theme & tone no less than half a dozen times since its start over a month ago.

Every time I determined to publish it there was yet another bizarre occurrence in Crypto.

This perpetual TBD or Not To Be status (that is the question) lies solely on the hunched shoulders of that currency wannabe crypto crowd that self fulfilled its prophecy in reverse direct to illegitimacy.

We are in the midst of a phenomenon which its members believe in to a point of cult like fanaticism. Those who are part of this tribe blindly blame any downturn, such as what we are witnessing, on any one of dozens of conspiracy theories many declaring that this is due to manipulation from the “outsiders” or those who “don’t believe…

From the start they should never been considered a currency. Cryptocurrencies are not currencies, the SEC labels them a commodity and the IRS taxes them like a security.

What is so interesting is that the biggest defenders of Crypto and those loudly providing the music for the BAND in Band Wagon are the tech millionaires and billionaires…what is absolutely remarkable to me is they consistently act as if they are skilled traders which they are not at all.

What amazes me is the delusional aspect of this entire area. So above is but one aspect. Masa is actually recognized as an “Expert” within the CryptoSphere. What are his credentials? As it says : Played piano, guitar, drums plus done some vocals.” Well there you have hit…what he says is gold in my book. OOPS…let me rephrase.. what he says is Bitcoin!

If the Crypto’s were stocks they would most definitely be on the pink sheets and be responsible for a rebirth of an era not seen since Jordon Belfort’s day. Dozens of firms in Long Island and Boca Raton would pop up would eventually be entirely suspended from trading.

The SEC, FBI, CIA and IRS would have entire divisions devoted to the rage – there would even be a CryptoCzar. This era would’ve been labeled in the finance history books as the greatest “pump and dump” era ever known in the market, a bubble to top all bubbles replete with scammers, promoters and where the only information was inside information.

Jack Dorsey would be in jail for using Squares cash (the shareholders) to pump up Bitcoin by buying it while simultaneously pronouncing publicly that he did so therefor impacting the price. Along with Jack would be Elon for his non stop market manipulation by using twitter ( and SNL) to move the Crypto’s including the most worthless of all of them Doge.