So it really is not practical to just create your own money out of electrons? Wow, who knew!

I think most people intuitatively suspected as much but their judgment got overwhelmed by the hype.

If crypto was really functional money, everybody and his brother would just quit their jobs and start making the stuff. There is nothing to stop them. "Making money" (literally) would be the only business plan anyone would ever need.

Sorry crypto bros, life just ain't that simple.

hardly a revelation, crypto has never really been used as money, it is almost exclusively used as a speculative store of value. CBDC's however, are already being spent, in their millions.

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