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RE: Game Over for Altcoins? BTC Dominance; Alt Bloodbath
When I consider crypto in the context of cash being outlawed, I am reminded of game drives using funnel fences.
The quarry are seeking safety from the noisy beaters, and rush into the safety of the corral where no beaters are. When the gate is closed, the end comes. This is why I have not rushed into the financial security crypto seems to avail. I reckon the fences around us, we quarry, are money itself, and that is the real problem that must be solved.
Trade is not dependent on money. Money isn't wealth. These are underlying facts I try to keep in mind when seeking to be of independent means, the real definition of wealth.
Freedom, in other words.
Most freedom and also value is your own knowledge and health.
I also didnt invest all my money into crypto. Mostly I invest in myself, in tools, food..
But also some into crypto cuz I like the tech - and prefer it over some lame ass central banking fiat, especially cuz the upcoming negative interest rates.. if I need fiat cash I can still trade some crypto back..
I'm looking forward to some private coins.. not like Monero more like Grin..
But the masses are dumb and will probably push something really dumb forward..
What is ur plan?