CRYPTO, FIAT, INSTITUTIONS, AND RETAIL INVESTORS
I don’t think the institutions will allow crypto to be a threat to fiat because they need fiat to borrow and earn against. I don’t think the tech can function as a threat – it’s too slow and always will be. And I see how the state can counter inflation by encouraging it. The current problem is that the institutions are very likely to pull out and convert to real assets essentially repeating with crypto what they do with stock markets vs retail investors. (Its what I would do. And If I would do it, eventually someone with wealth will do it. Always happens. Every time.)
Reply addressees: @partymember55 @hoeberian
Source date (UTC): 2024-12-21 01:00:32 UTC
Original post: https://twitter.com/i/web/status/1870273111092006912
Replying to: https://twitter.com/i/web/status/1870272220909473964
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