Quote from: wxxyrqa on June 08, 2024, 03:23:48 PM

Quote from: electronicash on June 07, 2024, 05:54:25 PM

There is still a few percentage of people in crypto which means this stuff will not be obsolete yet unlike the traditional finance system. and if this isn't going away then this is the future.

Quote from: wxxyrqa on June 07, 2024, 04:52:47 PM

Today, we are witnessing colossal turbulence in the banking sector, associated with the fall of Silicon Valley Bank, Silvergate, Signature and other banks in March.
Despite this, no one questions traditional financial institutions, as happens with crypto exchanges. People are used to the fact that banks go bankrupt, so this is a normal situation for them.
As for cryptocurrency, society's attitude is largely biased. The reason lies in the many myths that have flooded the information space. Hence ignorance, misunderstanding and mistrust.

in some news that i see on crypto base new sites, they are saying that these institutions are going to be bought buy the bigger institutions which will also soon be releasing digital stablecoin which in turn the CBDC. theories are sometimes just predictions of where things may go.

One way or another, cryptocurrencies and the banking system will exist simultaneously, despite long-standing statements that one will replace the other. Some banks in the West actively interact with cryptocurrencies, converting funds from cryptocurrency wallets to fiat accounts. The use of cryptocurrencies provides banks with a new level of stability and trust, opening up new horizons in the financial world.

The idea has always been the co-existence of the traditional system of finance and the cryptocurrency. Both has their pros and cons. While everyone has known what the traditional system has for us, we still consider cryptocurrency as being relatively new and as such has some new fixtures that it is yet to unvail to us.

Op is correct that cryptocurrency has a certain known pattern. Even if the price is not predictable in the short term, but with the seasonal Halving and bull run, there's actually a clue to what the price will look like in the future. Maybe as global adoption is approaching, these marks will become clearer.