just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto
now its so different now
as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,
u have to pay taxes and lots of it
Governments are cracking down on exchanges and regulations etc.
in one way it does prove crypto has value and here to stay
There is more adoption going on. Slowly but it is happening,.
Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?
Or will the average person still stay in the markets?
but its too bad that the powers that be are making it difficult
ur thoughts?
As time goes on, Bitcoin and the crypto market will be viewed similarly to other markets, like gold or stocks. Currently, we're closely tied to stocks. I believe the hype and interest will wane, and so will these extreme bull runs. As more money enters the market, it becomes harder to influence prices. Those who remain interested will be enthusiasts, early adopters, and institutions, but the new wave of hype will fade.
Keep in mind, our market cap is only $1.5T, which is still relatively small. We have a long way to go before public interest fades.