"What will be the catalyst for Crypto’s Great Depression?
The elimination of all stablecoins. Forget the Terra LUNA massacre. Tether, USD Coin, Binance USD, Gemini Dollar, and many others are all going away."
I look forward to seeing if this claim holds water in the coming years, and am curious to see which cryptos remain.
As per your claim about "crypto dying a painful death", I doubt the entire crypto sector will die under this hypothetical cataclysimic, doom-and-gloom event for the entire sector.
Keep your pants on, as Bitcoin and Ethereum are still adequately beyond their 2017 all-time highs when they were supposed to die; these two cryptos combined account for over 60% of the total circulating market-cap of crypto assets.
I have lost count of the number of obituaries written about Bitcoin...