Re: Senate Dems sweat tokenisation, DeFi in market structure hearing
⭐ Merited by zasad@ (1)
Corruption itself is nothing new; we've just moved from central banking corruption to crypto corruption. 
In the end, it's all about money. Supporters of the old banking system argue that cryptocurrencies are harming the US dollar simply because they receive financial support from central banks and companies based in the old system, while pro-crypto politicians advocate for passing these laws because they receive support from crypto companies.
In the end, it's a war between traditional financial companies represented by central banks and new crypto companies, and politicians are merely tools in this war.
In the end, it's all about money. Supporters of the old banking system argue that cryptocurrencies are harming the US dollar simply because they receive financial support from central banks and companies based in the old system, while pro-crypto politicians advocate for passing these laws because they receive support from crypto companies.
In the end, it's a war between traditional financial companies represented by central banks and new crypto companies, and politicians are merely tools in this war.
If I am being honest I do not care about the type of corruption if this will increase the inflows of fiat in the cryptospace and also increase the issuance of stalecoins to pump bitcoin very much highly hehehehe. In any case, we are witnessing this occur already. This is crime season in the cryptospace and if you are not speculating on to hold cryptocoins, I reckon you will miss your chance to make money from the pumps.
@zasad@. Is the Donald the new John McAfee hehehehehehee.
I would estimate the real capitalization at 0.26 trillion dollars - like the capitalization of stablecoins, but we must not forget that about 80% of this amount is already frozen in treasuries and it will be very difficult to take them away.
This is a large inflated bubble. But the stock market is already a larger market in terms of capitalization
On your argument that this is a large inflated bubble, I very much agree. However, I would also argue that it is not yet too inflated hehehee. But it is already beginning. These dead companies that are being given life again and start buying bitcoin and other cryptocoins to hold in their treasury to pump their own stock is creating the next big bubble pop.
On when will this bubble pop occur, we cannot be certain. If there are people predicting the bubble pop, it is not yet the time. However, if the same people are very much bullish like there will be no bubble pop, this will be the time hehe.