He said wiped out which implies a permanent loss, factually untrue and scary to newbies
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Well, if you assume fees won't go back down, then they are permanently unuseable and as good as dust. Newbies should be horrified of the reality of that eventual reality. Whats better, fear which results into action or coddling that results in passiveness? One rejects bitcoin by choice, the other feels scammed
If you assume there will be no gravity, we should all wear gravity boots now. Taking inappropriate action when you shouldn't is just as dangerous as taking no action when you should.