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RE: Steem Is In The Top Ten

in #steemleo5 years ago (edited)

On the other hand...

These days, ordinary financial capital earns 2% at best and zero or even less than zero in developed economies. Owners of capital have a hard time finding any high-yield investment that isn’t a speculative gamble based on financialized leverage or debt.

This is why corporations are pouring trillions of dollars of capital into stock buybacks that generate no new goods and services: they can’t find any productive use for the capital, so they use buybacks to boost the value of their shares.

Outsized gains are now only available to the few with the skills and experience required to gamble high-risk assets successfully.

So...

Do you think this humongous bulk of speculative money is gonna end up soon tossed only in gold, precious metals, stocks, bonds and many other worthless sheets made from the pulp of wood?

No, no, no, no!! ¡Hodl your Cryptos, Digital Tokens & Altcoins as if you were never to die! The next big din of the bubble is close to be heard.

Fasten your seatbelts and put on your helmets folks. Next station: ¡The Dark Side of The Moon!

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Agree on this one, crypto will be "the next big thing", we just need more patience.

Yep! patience is key here. As much patience as we can hoard. :)

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