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RE: The Coming Crypto Superspike: This “Bubble” is SMALL Compared to What’s Coming.
Don't forget limited supply as well as anonymous and decentralized.
Don't forget limited supply as well as anonymous and decentralized.
That's actually another fallacy in the crypto space I'm working up an economic report on. Static Limited supply can be a huge problem. The most important thing to know is that when Cryptos hit 1-25% of M2 Global, the price will superspike to that level (over months, not years). The other most important thing to know is that in plain English, many currencies are built with to start cost structures that sometimes include massive internal costs (paid by YOU but hidden) - funded under the assumption that when supply becomes "static limited" these massive costs can be externalized (paid by YOU, only now obvious). From a fundamental economic analysis, that is insane, and will at some point in the near future cause a shift in how the market treats those costs.
Looking forward to it.