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RE: “There is a Bubble in everything.”
There is not a single point in my article where I say there is no inherent value in cryptocurrencies, which I both agree and disagree on. I'm Asian by the way.
I just realized, you have been responding differently on an article that has been meant for something else. I see that you have some personal experiences causing you to respond like that. Mind telling me what it is? I'm enjoying this so I'd like to keep this going if that's alright. Haha
And what's the problem? If I have been disrespectful, please accept my apologies. I just disagree that the world is only moved by big hidden agents. There are a lot of ordinary Chinese running from CNY to anything else that they can keep as reserve.
No it's all good bud. Don't worry about it.
Going back, that would be true. There is a lot of demand coming from the threats of hyperinflation. Then again, we all know the wealth distribution of such countries, and all other countries.
Realize that we are all living based on the will of a few people. For instance, over 50% of all bitcoins is held on less than 5% of bitcoin addresses. I doubt that we're still talking about people "plainly" getting out of fiat. We are now in a world of a few people.
Educational system was designed by them.
Financial system was designed by them. Banking system was designed by them.
It would be foolish to underestimate the level of macroeconomics existing in today's society.
Do you know how much of today's wealth is in the hands of the global elite?
80% is in less than 0 .01% of the population.
You know they make all the choices, not us. Now extrapolate based on that. If i was part of the elite and i decided to go bullish, how many of your friends would it take to balance the currency? Now do you think crypto is in that stage now?