The latest craziness is called BAT, which raised some USD $36 Million in 20 seconds. And now a day or two later comes with a USD $170 Million market cap + huge premine. People work for 20 years to buy a house (and this applies for a tiny % of the world's population, because for example, in my country (Bulgaria), a person with average salary will need to work at least 17 years and saves 50% of it to buy an apartment). Now every second 15-year old nerd who invested his lunch money in Ethereum (or NEM, or whatever...) some 2-3 years ago is now a f*cking godzillionaire and he can buy entire town. Not long ago I said we are in a bubble, but I was wrong. This is a f*cking disaster! Can you imagine the levels of inflation, which digital currencies can create? The great depression, Zimbabwe's inflation and housing bubble combined will look like a jokes. Maybe this was the idea behind Bitcoin. About 45 years ago Nixon ended convertibility of US $ to gold and it appears that after several years banks will "back" their fiat money with... Ripple or BallsCoin.

But hey, making money is a good thing, right? Enjoy the ride!