Part of the reason we aren't noticing a business cycle is that the crypto market is easy to pick up use and dump leading to the volatility we see. I might be wrong but the stock market doesn't have that type of volatility because it is difficult to pick and dump. t is an interesting concept that was on my mind while reading your post.
Many people can't pass the price of crypto because it seems that is all there is to crypto. But that is what we need for things to change I guess.
The market has nothing to do with the business cycle, hence volatility is not relevant. The business cycle deal with the economic expansion of contract ie all business put together.
Crypto is still market focused, no so much business.
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I see. And apparently we don't have many real investors in crypto, we just have people hoping to benefit from the market.
Things will get better once we focus on the business of crypto than the market of crypto.
Without a doubt. We have a bunch of speculators. What we need is more business builders. That is where entrepreneurs are vital.
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I have been thinking of building an E commerce site on web 3. I keep stalling on starting but before I go to bed today...I'll start watching videos