No pain, no gain. Surely decades of malinvestment and hyperindebtedness will have to paid for by some upcoming losing parties. It will get worse before it gets better. But crypto will have it’s birthplace in the middle of the next big economic crisis.
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One of those places that won't could easily be my country or yours. A bankrupt country is not a pleasant place to live.
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I live in cyberspace. Natural selection + Markets will figure out who has predicted and picked the ultimately superior form of money. This is an exam for survival.
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I still want my family and friends to survive. I tell everybody to learn and buy I couldn't convince my parents (elder) to buy bitcoin. I will take care of them.
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The outcome will be uneven as you say, but surely it will be bad for many.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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