but still a pyramid scheme. 'Federal reserve' is a load of shit, but that bit coin is complete horse shit. Its great for mow for the ones seeing gains from idiots jumping on board. It will crash and crash hard as soon as the government outlaws it or the internet goes down.
I've been hearing the same sentiment for years and years. First, it was "it's only for criminals and drug dealers." Then it was a ponzi scheme with them still throwing in the first bit occasionally.
Crypto is a fiat killer, plain and simple.
Retail is not driving the market up right now. Who is?
They're not buying to make a quick buck either, they're looking long term.
as soon as the government outlaws it
Highly unlikely, since they haven't already. And enough people are ready to overthrow their corrupt, illegitimate governments that all I can say is good luck making that stick.
If the centralized internet goes down, there are still ways to transfer value via crypto.
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