Looking at the past financial crises that happened, they all seem to have a few things in common, such as the mass adoption of a new financial product or technology (e.g. mortgage backed securities in 2008, dotcom boom in 2000). Given the extent to which institutions (and some influential figures) have been manipulating crypto recently, do you guys think this narrative is likely?
Crpytocurrency will not lead to a global financial crisis because most of the banks doesn't adopt crypto transactions or even the big names and brands of food, clothing, medical and etc. Crypto is just a small scale compared to other leading reasons that can somehow lead a financial crisis. Even if we combine the top 10 coins in the market, still it cannot shake the entire country nor world to cause a financial crisis.
Cryptocurrency are their to help the human race just like bitcoin was created on 2009 after the financial crisis on 2008.
emember why bitcoin was