The Single Biggest Misconception About Cryptocurrency is….
Blog iconFella
Jan 15
I was reading a CNBC article titled “Most cryptocurrencies will crash to zero, Goldman Sachs says”. I agree with the part where Goldman Sachs head of Research Steve Strongin compares the current market to the “internet bubble of the late 1990s.” That’s what markets do. They swing from bubble to crash to bubble again. The word I use to describe that phenomena is capitalism. The Fed tries to dampen the swings, but, they’re not too good at that. But what I was puzzled by was the Steve’s statemen...

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