Also, how much is traditional currency and market’s down now. We saw our dollars, our wages devalued by 40% in 3.5 years, which includes past earnings in retirement funds, which I suspect cost working class people far more than $300 billion. But it didn’t end there. Just recently we’ve been watching multi-billionaires dumping like there is no tomorrow, further wiping down retirement funds for everyone else trapped in the markets.
Point being, cryptocurrency is indeed exactly like traditional currency now. It is gamed by the whales. The primary difference now is that in crypto world, the sums are smaller, but the velocity is much faster. In traditional currency the sums are much, much larger, and the velocity a bit slower.
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Oh no, anyway….
Cool cool. Thanks for the heads up.
Also, how much is traditional currency and market’s down now. We saw our dollars, our wages devalued by 40% in 3.5 years, which includes past earnings in retirement funds, which I suspect cost working class people far more than $300 billion. But it didn’t end there. Just recently we’ve been watching multi-billionaires dumping like there is no tomorrow, further wiping down retirement funds for everyone else trapped in the markets.
Point being, cryptocurrency is indeed exactly like traditional currency now. It is gamed by the whales. The primary difference now is that in crypto world, the sums are smaller, but the velocity is much faster. In traditional currency the sums are much, much larger, and the velocity a bit slower.