The Great Crypto Collapse of 2022 ⛔️

The great crypto collapse of 2022. Will we look back in a decade and see this as the great collapse of cryptocurrency? That is the question. Now, Crypto.com are currently experiencing the crypto version of a bank run. So, um, maybe Crypto.com will stop withdrawals. It happened with FTX just recently. FTX went from $16 billion to zero in days. Sam Bankman-Fried, Sam SBF as they call him, the owner of FTX, went from $6 billion net worth to virtually zero net worth in 72 hours. Is this the great crypto collapse, not just of 2022 but of the last decade? And will we look back and look at it as this? Now I've got a couple of questions and a couple of things to suggest for you. Number 1, do you think crypto survives this? Let me know what you think in the comment, because FTX gone. Like, $16 billion to zero in 72 hours. Gone. Now, Crypto.com, there's a run on it. You know what a bank run is? Well, this is a crypto bank run. There's a run on it. If they stop withdrawals, could that go from billions to zero? Do you think that crypto survives this? Now, crypto Bitcoin has survived 2 or more huge crashes already, and it's not dead yet. So let me know what you think. Does crypto survive this? I think crypto junkies believe that crypto is the future, decentralization is the future, Bitcoin is truly decentralized, Bitcoin will defeat all. It will survive. And then others think, well, the governments don't want decentralized cryptos, so they're all going to get wiped out. Warren Buffett thinks that Bitcoin goes to zero. Are you a Bitcoin and crypto goes to zero person, or are you crypto will survive this because it survived this before and the future is in decentralization? Let me know what you think. Kyler said crypto 100% will survive. Um, Ferris has said it will survive if there's regulations, although if it's overregulated by government, maybe that's not a good thing because then it's not decentralized. So this is huge, huge news. So that's the first thing I wanted to just discuss. So FTX went from $16 billion to zero. Sam Bankman-Fried, um, the owner, went from $6 billion to zero. Uh, and now there's a run on Crypto.com, and that could go from billions to zero. The next thing I want to say, and this is a prediction but it's my opinion, is that the banks will be next, and there will be a run on one or more banks coming very soon. Um, the UK Chancellor has just announced that taxes will go up and spending will go down. Well, the UK is already one of the highest taxed nations in the world, and now we are going to get taxed more. Taxation on the rise, inflation on the rise, interest rates on the rise, cost of food on the rise, cost of energy energy on the rise, cost of living on the rise. So, uh, there's going to be a run on the banks. The banks are bust, the governments are in trillions of debt, massive quantitative easing, massive devalue and debasement of currency. So you're seeing these run on essentially crypto exchanges, which they're not a bank, but you could say they're the crypto equivalent of a bank. Well, I predict that you're going to see a run on a bank coming soon to a bank near you. And then when one goes, they could all go, and then this recession that's coming will become a depression. I really believe this. Now, some people are calling me the doom monger of Europe. No, no, no, this is reality. And you know what? I started saying since lockdown that you cannot lock a country down, you cannot stop trading for months, you cannot stop trillions of dollars flying around the economy without a 3, 5, or 10-year consequence, without increased tax, without increased printing of money. You just can't. And they've been delaying recessions and corrections for years with, you know, essentially modern monetary policy, which is essentially just creating debt and printing money. So, you know, what goes up must come down. So let me know what you think. Um, Adam has said that, um, his friend has $200,000 locked in BlockFi that he can't withdraw. And as soon as, as soon as there's a bit of a run and everyone sees that there's a run and there's a threat, or that the exchanges stop withdrawals, that's it, that's the end, that's the end. Once trust is gone, that's the end, because money is just imaginary, money is just ethereal, it's debt. So the only way, um, ethereal intangible debt-based money works is if you trust it, and as soon as the trust is gone, it's gone. And that's why these crashes go from $16 billion to zero in 72 hours, because once the trust is gone, it's gone, and everyone goes on the run, and they haven't got the liquidity, and they're out. And this is going to happen in the banks. Banks only keep 10% of the deposits, so all you need is 11% of the money requested out on the same day or the same week, and bang, the bank— I mean, the banks are already bust. It's really unfair that the banks are allowed to trade insolvently and basically allowed to be broke and bankrupt. Whereas if you did that as a company owner, you'd either be struck off as a director or put in jail. But that's how the system works. So the banks will be next, mark my words. And let me know if you agree with that. Do you think the Great Depression is coming? Do you think if there's a run on the crypto exchanges, the run on the banks come next? Let me know what you think. Now, by the way, with every depression there is an aggression. With every downside there is an upside. Any— with every amount of people that go bust, you get new millionaires. More millionaires are made in a recession than any other time. Um, so there is great opportunity. The great opportunity is in what's the new business model, what's the new opportunity. If, if billions is moving away from crypto exchanges and e-commerce and retail, where are those billions going? I can tell you those billions are going to YouTubers, podcasters, content creators, information and entertainment providers. This is where the billions are going. So do you know how to leverage the opportunity? That's my question to you. Do you know how to start and scale an online business? Do you know how to make, manage, and multiply money? Do you know how to make more money in a recession than any other time? Are you positioned to make more money in this recession, depression? Do you know how to invest in assets that produce recurring income? Do you know how to build multiple streams of income? Do you know how to leverage digital assets? And if you can't answer yes to every single one of those, you need to join Rob.team right now. So Rob.team is my digital financial freedom platform where you can join for less than 20 pence a day and you learn to start and scale a business, get better financial education and knowledge, become a creator and create multiple streams of digital recurring income, information into income. You learn how to beat the banks at their own game, beat the government at their own game. You learn how to get your taxes down and to get your income up. And you're in a community of movers, shakers, and change makers who will support you to not just survive but thrive in the coming depression. So to join Rob.team, to get the online masterclasses, the online Zoom Sunday sessions, the live events, the community, the WhatsApp, the Telegram, the network, the support, the accountability— to get all of this for less than 20 pence a day, cancel anytime, no ongoing contract— all you have to do right now is join Rob.team. And here's how you do it. You open up a new web page and you type in rob.team. Rob.team. If you've got any issues opening the page or joining, email support@robmoore.com. Support@robmoore.com. But it should be easy to join in most countries in the world. It's all online, cancel anytime, no ongoing contract, and you've got hundreds of hours of content going back since the start of lockdown. For less than 20 pence a day. So just open up a new web page now and type in rob.team. Rob.team. Go and join right now. You won't regret it. If you don't risk anything, you risk everything. Free advice is worth every penny, but when you pay, you pay attention. This Sunday I'm doing the 3 fastest ways to 10K a month. Low overhead, high margin, low cost. So would you like to learn the 3 ways to make $10K a month? If you— or the best ways to make $10K a month the quickest. If you would, go and join rob.team because you get that as a Sunday session coming this Sunday. So just type rob.team into a new window, learn the 3 fastest ways to $10K a month, learn how to get your income earning power up, multiple streams of income, learn how the 21 ways to monetize social media. Learn to make, manage, and multiply money. Get the 2-Day Recurring Income Summit with the upgraded VIP tickets that you don't have to pay for, that everyone else does. The live Multiple Streams of Business Income event where you get the free— the upgraded, most expensive tickets that everyone else has to pay for. It's all in rob.team. So what do you think, my friends? Do you think that, uh, 2022 will be the year of the biggest crash in crypto history? Do you think crypto survives? I personally think Bitcoin survives. I think many of the platforms, they don't survive. Why? Because they're not decentralized. Uh, and then, so I don't want to get into speculation, but many of these crypto exchanges are taking the money that's in the exchange and then they're using that money. It's like when the banks take your money and lend it out. And I have a problem with that because then if liquidity is required and they're not liquid, they can go bust even if they're not pro— even if they are profitable. So in any business— crypto, bank, your own business— you can be profitable, but if you're not liquid, you can go bust because you're making profit but the cash you need to overcome short-term challenges, you've loaned out or you've used somewhere else. So with these exchanges, they're taking their liquidity and they're using it elsewhere, and then when that liquidity is needed, they haven't got it, and then they go bust and everything goes to shit. And that's happening on these exchanges. That happened on FTX. I don't think that happens in Bitcoin, because Bitcoin's not like that. Bitcoin is fully decentralized. So I think Bitcoin survives. I think many of these altcoins or these shitcoins die. I think many of the exchanges die. Don't leave your money on the exchanges, it's not secure there. Um, and for crypto to really survive, it needs to be fully decentralized, and most of them aren't. Most of them are essentially just a business for the founder. So they're my thoughts. What are your thoughts? Let me know. Do you then think that this now becomes a bank run? So, um, there's been a bank run in Lebanon, there's bank runs in China and Japan. I think bank runs are coming to a bank near you. So keep minimal savings, maximum investments. How you want your income is from recurring income from assets. That's how you want your income. You don't want it in the bank sat in a lump. You want assets that produce recurring income. That recurring income comes in, then you put it into another asset, you spend what you need to spend. You put it into watches, put it into gold, start another business, and you multiply your capital base from the income streams, and you keep reinvesting it, and you don't sit on lumps of cash. Um, because if there's a bank run, your cash is gone. Your bank— your money is not guaranteed. You think it is? It's not. Your money is not insured. You think it is, but it's not. So I'm not being a doom monger, I'm being a reality monger. Let me know what you think, because I really believe this will happen. But let me just say this one more time. This could be the biggest opportunity ever. This could be— in a depression will be an aggression, which means the lower the market goes, the more money some people are going to make. In the last recession, I made loads of money. I bought loads of cheap real estate. So it's actually a great opportunity, but you mustn't get ready, you must be ready. You must learn and earn and then invest. And you must understand how to be in assets, digital assets, physical assets. Out of bank, out of soft money liability cash. Cash is a liability, it's a soft asset. So anyway, let me know what you think in the comments. And one final thing is I want to give a gift to everyone. So I know many people are struggling right now. You know, Amazon, they went down by a trillion dollars. Twitter let go of 70-odd percent of their workforce. Um, Facebook let go of 13,000 staff. I know a lot of people are struggling, so I want to do my bit. So there's a link here called bit.ly/robtoolkit. Bit.ly, Bitly, bit.ly/robtoolkit. Um, so I've got some free financial resources. So if you like some saving and making financial resources, if you'd like weekly financial resources given to you um, saving money, making money, starting a business, starting a side hustle, extra income streams, strategies and tactics to make and save money. Claim my free financial resources there, bit.ly/robtoolkit. Do it now because there's weird shit going on with the banks. David has just said here Santander won't let his friend get their money out. One of my clients, um, two major mainstream banks, Barclays and HSBC, gave her two months and they're shutting her down. Two months notice, sorry, we're shutting you down. I mean, what is going on? So claim the free financial resources I've just shared there, bit.ly/robtoolkit. I've got 35+ ways to save money so you can get your margin up and you can get your wastage down. And we need to know how to do that in this economy, but then how to make money, manage money, multiply money, um, how to build multiple streams of income on weekly resources I send to you, uh, never pitching, you know, their links to interviews with billionaires or their links to my money podcast or the latest money content I do on YouTube and some blogs I do, always ongoing financial resources. So there's a gift once you've joined rob.team. Thanks for tuning in. Batshit crazy is 2020. You, the 2020, you, hopefully 2022 becomes 2020, you, and you make it a great year. Thanks for tuning in because right now in the last week we've seen a $16 billion crypto exchange go to zero. Crypto.com, there is, looks like there's a run on it, and if they stop withdrawals, will they go to zero? Crazy times. Let me know what you think. Ah. And maybe hit the share button, because this news is important to let as many people know as possible how to get ready, to take it seriously, to not get scared, but to be aware. And then once you really know what's going on and everyone else sees it as doom, you can see it as opportunity.