If you are wondering why so many jump on crypto when it skyrockets, but jump off when it starts to go down

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https://preview.redd.it/0hbxu3hj40s91.png?width=640&format=png&auto=webp&s=e18c3a67d90d7fabb34d4debf0594a077de899e4

adjusting for inflation 1938 to today it's $1 to $21.01

So with that in mind

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New house	$81,939
Average income	$36,368.31/y
New car	$18,068.60
Average rent	$567.27/m
Tuition to Harvard	$8,824.20/y
Movie Ticket	$5.26
Gas	$2.10
Postage Stamp	$0.63
Sugar	$12.39 for 10 LB
Milk	$10.50 per gallon
Coffee	$8.20 per LB
Bacon	$6.73 per LB
Eggs	$3.79 per dozen

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Prices in 2022

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Average New House	$428,700
Average Income	$44,225
New Car	$47,000
Average Rent	$1,326
Harvard Tuition	$52,659
Movie Ticket	$11
Gasoline	$5
US Postage Stamp	60¢

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My point is people can't afford no where near as much. The cost of everything has increased, and things not factored in this chart the ratio of jobs out there vs working people has gotten worse. Today in the USA alone there is roughly 3x unemployed people vs job openings at any given time. Like you can fill all the openings, and still would have a ton unemployed. And the bulk of them isn't collecting unemployment currently.

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The fact is, people are hurting. They aren't here for the tech. They are here to make money.