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RE: The real reason why crypto is mooning and why this will keep on going for the time being

in Project HOPE3 years ago (edited)

"medium-term high inflation or reinflation environment"

This statement is spot-on @solarwarrior. The long-term devaluation of fiat currencies is only accelerating, and it's great for capital assets, especially crypto. It may not turn out too well in a decade or two for economies at-large, depending how it plays out, but it's great now.

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definitely.. I mean you can flee into hard assets like real estate or stocks... but at the end - also for large amounts - BTC will probably be the safe harbor for many...