Why Cryptocurrency Fails My 100% Policy

If something feels shady, it probably is.

What are your thoughts about cryptocurrency?
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It’s shady.

Cryptocurrency is shady.

I feel like cryptocurrency is a second cousin to day trading. You always hear horror stories about people getting into day trading—making several hundred thousand dollars in a single day only to lose it all the next—and how some get so wrapped up in that chaos that they literally throw themselves off buildings in response. I don’t know if I could live with that kind of intensity or stress. To me, it just feels like another get-rich-quick scheme masquerading as the future.

I couldn’t pretend I understood the first thing about it on a technical level, so I asked Google Gemini to break it down in plain English:

Cryptocurrency is digital money with no central bank or physical backing, residing entirely on a public digital ledger across thousands of computers. Its value isn’t tied to a company, physical goods, or an economy—it relies purely on binary code, market demand, and speculation, meaning prices skyrocket or plunge based on hype and fear.

If anything, hearing that explanation only reinforced my original assumption. You’re paying real, hard-earned money for phantom numbers on a screen that don’t exist anywhere tangible.

Looking at it that way got me thinking about physical media. I like the idea of physically owning a book, a CD, or even a cassette. You’re holding a hard copy of someone else’s creative ingenuity in your hands. Plus, from a simple business standpoint, physical media is still one of the best ways artists actually get compensated for their craft. There’s real work, real value, and real ownership attached to it.

Sitting here thinking about it, I wonder how much of this comes down to a generational clash. Gen Xers are hard-working, badass machines—we believe in putting in the time and doing the work. But seeing high school kids and younger generations today, they seem far more entrepreneurial. They want to work for themselves, build side hustles, and find ways to make money on their own terms. That drive is impressive, but the reality is that 150 million people can’t all run successful side hustles. Crypto feels like the ultimate manifestation of that desire to get rich quick, even if it lacks any real stability.

Maybe part of this is just me being old and stuck in my ways. I’m no economics major, and I don’t know if we need to return to the gold standard or anything like that. But crypto is just another reminder for me to always trust my gut.

If something feels shady, it probably is. And cryptocurrency feels very shady.

Rebuilding a life takes grit, consistency, and a lot of ‘Option C’ thinking. Having crossed the 1,000-day milestone, I’m now charting the territory beyond. The mission remains the same: No glitz. Just the work. New to the blog? Start your journey here to see the blueprint and the ‘Tricorder’ perspective behind the rebuild.

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AI art created by Google Gemini

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