"Crypto Crash" – Bitcoin Featured Yet Again on 60 Minutes Australia 6th June 2022

Bitcoin has “crashed” despite only halving in price since the blow-off top and still being up 10x (1000%) from 2 years ago. The reporter even admits he is now invested in Bitcoin!

OK, by “crash” he’s also talking about Luna, Terra, etc. But Bitcoin is now sovereign currency and being truly decentralized, immutable and immaculate shouldn’t be bundled with shitcoin discussions.

A somewhat different take to the same reporter’s story 4 years ago: https://youtu.be/s9kQZ5EJakM

And from 1 year ago:

In this story, Tom Steinfort reports crypto’s market value has halved since its peak late last year, haemorrhaging an eye-watering 2.2 trillion dollars. It’s not just crypto geeks whose dreams have been shattered, but also ordinary mum and dad investors sucked in by the hype that the currency had gone mainstream.

It’s the oldest saying in the book. What goes up must come down. In the volatile world of cryptocurrency, it’s proving to be a brutal truth. As Tom Steinfort reports, crypto’s market value has halved since its peak late last year, haemorrhaging an eye-watering 2.2 trillion dollars. It’s not just crypto geeks whose dreams have been shattered, but also ordinary mum and dad investors sucked in by the hype that the currency had gone mainstream. However, while many millionaires have become overnight paupers, the cryptocurrency true believers say don’t worry, the good times will return. The question is: Who is brave enough to believe them?

Reporter: Tom Steinfort
Producers: Garry McNab and Sheree Gibson