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RE: Total crypto market is 505 billion. Another milestone for cryptos and everyone of us in the space!
Definitely not a bubble. You put your money in a bank account today you are getting robbed. Plus if the economy gets unstable you might not be able to access your money. It's the same as relying on an centralized exchange. Like Poloniex for example. I still have my SBD and some Steem locked up there while they are probably busy using it for trading
Exactly. Come to think of it, It was the Malta-story (it was Malta wasnt it?) that got me into realizing how brilliant cryptos are because you can control your own money. I think that was in 2012 or something, when the government just took 50%?? of peoples savings over 100,000euro. Sorry, It was CYPRUS. Can you believe that? They just took 50% of money people had saved up.
It was such a heinous crime but not many took notice. People shrug their shoulders. Meh..they were probably rich enough. And that is what makes me so angry. That I at one point would have to bail out other people because they were careless, but I was not.
Hopefully many people learned a lesson at that time and kept their bitcoins ! Bailouts are so fucked up. It's always the average person who has to pay for the faults of ghe greedy bankers. If Deutche bank can't even survive today imagine what will happen to them and other banks now that we become our own banks with crypto currency