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RE: Do you think an economic crisis is coming?
The revolution has stated and the downfall of the American Dollar has begun a monumental shift in economic powers. The jester in the card game here though is the advent of the uprise of cryptocurrencies, their inherent powers and the value they have already gathered over the passed nine years.
Certain regions of the globe will be more affected than other and the one already using cryptos will be a lot better off, so will the areas where their fiat will keep their value longer allowing them to sustain the transfer of economic powers from fiat to cryptos. Only the ares where there is not internet will still be using some form of fiat and good ol'trading!
Great opportunity for sharing, thanks a lot for this post! Namaste :)
I do agree with you there.
However, on the other hand, i would ask differently: have crisis ever stopped? Nop, and not meant to do so at all. It is a cycle in which each time someone who has it "under control" uses it to "makes money".
But whether the Crypto-currencies are the solution fingers crossed. The market cap for crypto is still too small to substitute the dollar, yet ;). At least it is decentralised so nobody will start a war against a dollar competition.
ahh economics....