Sunday, April 4, 2021

Who was crypto meant for?

I might be a minority on here but I'm rooting for Crypto to out-perform all fiat currencies and just outright put money back into the people's hands. However, big businesses have spent years telling everyone not to buy cryptocurrency because it's used by the 'baddies'.

This was while big businesses sat down and just scooped immense amounts of cryptocurrencies into their portfolios and kept suppressing the information from the public. We've now rounded the corner and suddenly everyone is okay with Cryptocurrency.

The last thing that it seems we are waiting for is some major catastrophic event to force everyone else into using cryptocurrency and completely abandoning their fiat. If you are paying attention you may have noticed your groceries, bills, etc. are slowly going up. Especially over the last 2-3 years. The pandemic has pretty much solidified this experience (at least in the US).

Which leads me to believe that a major catastrophic event for larger Countries in the world may be companies suddenly abandoning fiat currencies and making the value of government based fiat completely worthless. That or we keep printing money into infinity to reach that $1,000,000 Bitcoin we've had shoved in our ears over and over again.

So what's next for this space? What are some of your theories, fun facts, and things you are seeing from your perspective?


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