My username says it all. I got into Crypto back in 2017 rode up the euphoria stage into 2018 where we hit 800 billion market cap and hedl through the dark crypto winter. Bitconnect, John McAfee, Bitgrail, USDT, Osyter Pearl, Cryptopia, Coss and other events should be familiar to the
Fast forward to today bitcoin breaks ATH and liquidates millions from short sellers and we breach trillion market cap within the first week of 2021.
If you look at the difference between the 2017/2018 runup to this 2020/2021 is bitcoin dominance keeps increasing while 99 percent of shitcoins, no matter how promising the whitepaper, never regain their ATH's.
In my opinion, I don't think we're truly at Trillion Market Cap if we excluded tether (22.96b marketcap) and the lower 6100 shitcoins like centralized XRP (15.5b marketcap) and Tron (lol).
With BTC at 708b market cap, if only a quarter of all bitcoin holders tried to exchange BTC to USDT, tether would have to mint 154billion out of thin air to keep up, much like what the Federal Reserve and US Treasury have been doing for the past couple decades.
TLDR: crypto enthusiast from 2017 w/ optimistic username has unpopular opinion that we are not truly at Trillion Market Cap if we excluded the controversial USDT and all the other 6100 or so shitcoins.
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