Reading about this yesterday reminded me of a similar post about a year ago.

https://www.naturalnews.com/2021-12-06-crypto-reset-digital-fiat-currency-counterfeiting.html

Not being an expert in the field, but having a sizeable investment in Ripple, I reached out to the only expert I know personally — Dangermouse.  He acknowledged it’s a problem.  And when it blows up, there will be a sector shakeout.  No doubt.  So like the general stock market and the commodities markets, there are problems and those problems WILL be resolved.  The real question is WHEN ?

His take is that it’s the ISO 20022 compliant coins that will come out the winners.  Think XRP (Ripple), XLM, and ALGO.  And if there’s a grain of truth to the persistent rumors that XRP could ultimately be anchored to gold as fiat goes away.  Well, you do the math.

Could Bitcoin double from here ?  Sure.  Could the shakeout start tomorrow ?  Sure.  But the same can be said about ‘nose bleed valuation’ stock markets around the world.  All it takes is the right pin.  Does that mean you can’t make money in the stock market until that happens ?  Ask Rambus what he thinks.

Lastly, you have to take anything that Mike Adams says with a BIG grain of salt.  His stuff is more tabloid than information.