Crypto: Just a Speculative Mania?
You don’t have to read the whole article. Just take three things away from this….
1) The mainstream also misses the core driver of bitcoin and cryptocurrencies: the current financial system is doomed….
2) While a few of my global correspondents own the primary cryptocurrencies, and a few speculate in the pool of lesser cryptocurrencies, I know of only one friend/relative/colleague/neighbor who owns cryptocurrency.
When only one of your circle of acquaintances, colleagues, friends, neighbors and extended family own an asset, there is no way that asset can be in a bubble. That’s because the pool of potential buyers is thousands of times larger than the pool of present owners.
3) Get some!
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