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Here is an easy way to disprove it: imagine a poor person -- they know someone who is 2x poorer than them. Person 2x poorer than them is not dead.

This does not disprove anything. Sounds like a strawman fallacy. The survival of a poorer individual does not negate the potential hardship caused by a 5% dip in a volatile asset when used as the primary financial tool.

But what do I know, I am retarded.

Have you ever been in Argentina? There's a 5% dip here every single week (and, unlike bitcoin, it never rebounds back)

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