The world of finance has turned into a speculative cesspool. Everybody is trading racing after the fast money and the way of the fundamental investor has fallen by the wayside. Renown hedge fund manager Hugh Hendry recently just closed his hedge fund citing "overbought, broken markets" and the fact that the macro model is simply "broken". It's quite apparent that stocks, bonds, housing, hell, about every market is severely over bought and in tremendous bubbles, that they're trying to lump BTC in with the rest of the Frankenmarket they have built.

The comments from Dimon and Dalio are laughable and I think there will be more financial "experts", I use that term very loosely, come out of the wood work claiming BTC is in a bubble or saying something negative about BTC in the coming weeks. The FUD narrative I believe has a 2 fold meaning. They want to shake out all the weak hands holding BTC and crypto and have as much of that money as possible to move into more traditional investment vehicles, which they control.

It still surprises me why anybody would listen to these fools when it comes to investment advice. I hope as time goes on more and more people realize the long term problems crypto can solve and quit the speculation and become investors. Speculation has ruined all markets, well along with trillions of dollars of money printed out of thin air. They can't do that crypto and it will very interesting to see how governments approach BTC in the near future as crypto curriencies are actually a way they can create additional liquidity without having to weaken their own currencies.

Great post man! Have a great day!