A theme is beginning to take shape which could define the next bull market
It is clear now that governments and institutions are continuing their push for more control and less privacy of the people. Without going into any so called conspiracy theories, we can simply see what is unfolding in the world currently: control/centralization over money, energy and food. This is happening in almost all countries simultaneously as we see it in terms of (A) money by the introduction of CBDCs, the war on cash or the monitoring of money flows. We see it in (B) energy in the reduction of cheap and reliant energy thereby forcing people into energy poverty and in (C) food with corporations patenting seeds and buying up farm land as well as farmers being forced to give up their work.
But it seems that this "great reset" as it is called by the WEF is simply favored by the (political) elites and is not really in the interest of the people at large. The constitutions of many countries remind us of this: the first amendments are generally about protecting the rights of the people. We can read about freedom, privacy or the pursuit of happiness of the individual. The founders in the case of the USA but also the authors of some constitutions in Europe anticipated that governments in time were going to undermine these basic rights.
The most recent example is the pandemic in which people quickly lost many basic rights in the name of "health". We now know that most of these measures were unwarranted and were enforced when it was scientifically shown to have only little effect. It is perhaps the best example of what happens when politics enters the field of science and establishes "facts".
The Pushback
However, it is clear that humanity still has a choice. This Agenda is not set in stone and the people can decide if they want to go down a different path all together. We are seeing pushback in all areas: whether it is when people want to keep paying with cash, or demand a right to privacy in all areas of life, or when people question politician's push for renewables without leaving enough time for phasing out traditional energy supplies, when people want to keep their cars instead of "clean" electrical ones, but also when farmers and truckers shut down the (food) economy to raise awareness about what is being done.
But perhaps the biggest pushback comes in the form of crypto currencies. We are at the beginning of what could become one of the greatest revolutions/transitions in human history. The potential is mind boggling of what could be achieved. This realization has yet to enter the collective mind which will lay out an alternative path forward.
A new bull market is coming
At least the TA is fairly clear on this. 2023 should be the start of the next bull market. This might seem odd, considering that we are in the midst of a recession or that one is projected to start in that year. But bull markets always start in the midst of capitulation and maximum FUD.
What if people start to demand these basic human rights of privacy and freedom and crypto is the technology which could hand it to them? What if this is realized on a massive scale? If it is being realized then this might be one of the biggest crypto bull markets ever, in which we will see the decoupling from the legacy economy. If there is a growing demand for private transactions and storing wealth there is no better technology than decentralized crypto.
The bear market we are in currently, has revealed the fallacies of centralized crypto which is a mere copy of the legacy economy. But the original vision of Bitcoin was a complete reversal to the way things work: bringing back power to the individual. There are not many projects/chains that fundamentally share or push forward this vision. Hive is one of the few exceptions. When people at large realize the value in these decentralized systems, the sky will be the limit.
I think next bull cycle will therefore be about giving autonomy back to the individuals, which is what is so desperately needed in a globalized world.
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