To its backers, crypto is the revelation book of finance for centuries. To its critics, crypto is a mere Ponzi scheme. A look at the world’s first cryptocurrency, bitcoin, helps solve the puzzle. According to data from CoinMarketCap, in the last couple of months, the market overall has fallen by a whopping $600 billion. Bitcoin has fallen to $47K, from a record-breaking $69K in the last month of 2021.