"Is crypto anything more than a loudly popped bubble?"
I got tired of people asking if crypto has any real, PRACTICAL use cases.
So I wrote down a bunch of practical applications for crypto and made an illustrated guide :)
[1/x] π§΅ π
@Route2FI I understand your point, but I just think that's a bit unfair because in 2017 the market was exploding and now we are in a bear market for more than 200 days. So, for example, ADA (not a fan) probably would be higher than before if compared both on a bull market.
Shocking fact on crypto adoption:
Real global transaction volume in crypto is back to early 2019 level, while prices are much higher (txn volume is deflated by crypto price index to take out price appreciation effect).
I.e. real crypto usage has barely grown since 2019.
β’ 9.1% CPI inflation - HIGHEST in 40+ years.
β’ 11% PPI inflation
β’ 1 Euro = 1 USD, for the first time in 20 years.
β’ 1% rate hikes
But these are just the headlines.
I tried to unpack what's under the hood & explain what's going on in macro world in 5 mins π π§΅
@GarethSoloway Yes, I am able to view the trades. This morning I was able to watch the new video until 5:30min and it got stuck there. I'm in Australia at the moment. I will keep trying.