Very relatable post.
Well, I guess a lot of possibilities are available for cryptosystem and this wealth effect makes sense.
This is the more reason why I think building your portfolio is a significant way of benefitting from the wealth effect.
Just look at hive and Leo. There are so many benefits of having a lot of these currencies.
When they increase in value, you can sell a part and use the profit to get another asset and the chain continue.
Although, I think compounding has a huge role to play in wealth effect.
Please what is MBS?
I think I need to take classes on economics from you
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Mortgage backed securities. It's a type of bond and you can read more about it on investopedia.
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Thank you... I will check it out
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Yes getting different cryptos could end up really changing the path of most people's lives. We are going to see a huge spreading of wealth over the next couple decades.
For that to happen, we simply need the infrastructure in place.
We ae seeing that built right now.
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