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?
The tech bubble had a lot of institutional money in it, Bitcoin not so much, in fact it is only starting. So, claiming that cryptos will lead to the next financial crisis could take place but not until at least 5-6 years later from when institutional money has started to flow in. Therefore, as more and more of these self proclaimed BTC crash experts proliferate it is safe to assume that a bottom is forming.