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RE: Massive US Bond Buying, But Why?

in #steem7 years ago

I agree with you on the first part but the second part I think may be a bit over confident. I think most cryptos will probably fail. There are over 1600 listed cryptos right now and others that aren't. They can't all make it. They haven't established value yet outside of the p2p value that they claim. It's certainly not value from inflation yet. So, I would be cautious on diving in too deep just yet. The market is shifting now and it's going to completely change the economic landscape of the world. I don't think it's going to be pretty, more like the great depression 2.0