The elite and their owned media create fear, uncertainty and doubt to shake you from your crypto holdings. It is very easy for the elite to order a fake, negative news release regarding crypto currencies/token so as to create a stressful panic scenario urging you to sell. The media outlets have articles with speculative quotes and hear say, with no real evidence to back up their claims. The media loves to use "reports" and "rumors" of China and South Korea banning this or banning that. This is hog wash. The wealthy want to extract the crypto's from the impatient and unsophisticated investor. After all, this is the sole purpose of Wall Street, extract the wealth from the commoners and transfer it into their coffers.
The world's elite have had all of their assets tied up in the U.S. Dollar. The U.S. Dollar has been the world's reserve currency since the Bretton Woods agreement of 1944. Bitcoin, the blockchain and crypto currencies came up fast. It was as if it came out of nowhere. The technology caught most of the wealthy unaware. Imagine if you are of the upper class and your net worth is tied up in the U.S. Dollar. Now you see a paradigm shift and a new threat to the Fiat Dollar. How do you transfer your U.S. Dollar wealth into this new technology called digital crypto currency and the blockchain?
What makes matters worst, is the fact that many "common folk" have already transferred their Fiat U.S. Dollar wealth into crypto before they did. That pisses them off. How dare the common person get into a new financial instrument before they do. The wealthy are used to being in line first and controlling access to wealth. The wealthy are in a race to dominate crypto currencies and transfer their wealth to this new Fin Tech. They will not rest until they are dominate in the field and they own your cryptos. It is not enough for them to have their own crypto investment portfolio, they want it all and for you to have nothing. This is the mindset of the psychopathic elite and their upper level employees (CEO's of corporations etc.).
The old monetary system is dying and has run its course. The new financial system is definitely crypto currencies, digital assets and the blockchain. This new Fin Tech system will expand and last for millenniums. This new technology will be necessary if mankind were to travel the stars, colonize and interact with other galactic commerce. In the future, mankind will not be using paper fiat money, physical silver/gold coins for value transfer or storage. Value will be a decentralized digital asset blockchain and crypto currencies (rare sequence of registered numbers that can not be counterfeited). This new system is here now. We are experiencing 1992 all over again with the introduction of the internet. At first people were skeptical and unsure of the technology. Today, grandparents and 4 year olds use the internet. Same will be that of crypto currencies and the blockchain.
Yes, cryptos are here to stay. Do not have weak uneducated hands and panic sell your cryptos. Understand the secret battle that is taking place and stay strong. Remember, your entire future and your families is at stake. Generational wealth and security is being established right now. Having a wise diverse crypto portfolio can serve your subsequent generations very well, but not if you panic sell. Do not let the wealthy steal your generational wealth of your current crypto holdings. Think long term and view news with wisdom and insight. Look at motives behind the news. As the saying goes, buy when there is blood in the street.