While I am still feeling clinging to my stubborn stance that everything will dip greatly on the next impending major market downleg, Francis keeps prompting me to be more neutral. As far as Mr. Hunt is concerned, the time for crypto is here, as the old debt-based system is progressively unraveled.
Man, I don't know. Guess the "nefarious control structure" case would be not to crash everything but rather to silently bottom crypto and alts and when it does become apparent that the old is beyond saving and repair, prices on crypto will already be rather high making everyone but the nerds and freaks (YOU & ME) miss the boat.
BUT, we saw in covid times that when shit does hit the fan, people need their money to pay for things. They sold BTC down from 10k+ to 3k because of all the economic mayhem and bleak future outlook of a world closed down. Everything dipped majorly. Call it a last final flushout.
Will it really be different this time? Can the new mansion be established while the old house hasn't been fully torn down yet?
Has crypto's mainstream adoption time really come yet or will it simply be forced because the gang WANTS everybody in crypto eventually?
Was this lull in the alt markets merely a slow washout for the weak hands?
I am probably asking the wrong crowd, I know everyone here wants crypto to boom and for alts it really hasn't this cycle (which already constitutes a major difference to past bull markets in crypto). But I can't help but think that something about the timing feels off.
I feel a fakeout, I guess is what I'm saying. Or put another way - if we do get one more major market shake to the downside in crypto, I will probably go all in again rather than wait until the entirety of the banking system lies in ruins.
If you are sitting in one of the "statist" tokens as Francis calls them, you may indeed have a rather promising time ahead of you. However this thing plays out I wish you all the success in this most drastic of resets to come.
