Every few months, like clockwork, the headlines scream: “Crypto is crashing!” Prices dip 20%, and suddenly the word “apocalypse” trends on Twitter. If you believed the narrative, crypto has already “died” over 400 times — there’s even a running tally that documents every supposed obituary.
Here’s the problem: calling every downturn a “crash” makes the word meaningless. A true crash is something systemically destructive, like 1929 or 2008. Crypto’s downturns? More like waves. Sharp, yes. Painful, absolutely. But terminal? Not even close.
I once compared downturns to cold showers — they shock you, sober you, and filter out the dabblers. That metaphor still holds. But here’s a new way to frame it: each so-called “crash” is less an ending and more a Riskquake. Pressure builds beneath the surface — over-leveraged exchanges, unsustainable yields, frothy narratives. Eventually, the tectonic plates shift. Weak foundations collapse. But the terrain itself? It remains. And the resilient builders keep building.
What the mainstream misses is this: volatility is not a bug in crypto — it’s the feature that flushes out fragility. Every headline obituary just proves that markets, like ecosystems, thrive on cycles of renewal.
If you’re panicking at the word “crash,” you’re reacting to Narrative Gravity, not reality. Step back. The long-term story of crypto isn’t about individual jolts — it’s about the arc of adoption, infrastructure, and maturation.
So the next time CNBC calls Bitcoin “dead”? Take it less as a eulogy and more as a weather report. And remember: cold showers, Riskquakes, and even scary headlines are all just part of the climate.
🔗 Related: Bitcoin obituaries archive
🔗 Related: CNBC: Bitcoin crashes — or does it?
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