“I have no idea if Bitcoin or Ethereum will go to zero. I hope they do, and soon,” Matt Stoller of the American Economic Liberties Project, recently tweeted.
With that tweet, Stoller joined a growing list of people who have emerged sceptical about crypto in recent times. Bitcoin is down almost 70 percent from its historic high while Ethereum has lost more than 70 percent in value. Similarly, crypto exchanges have laid off workers while stablecoins have become unstable.