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625

I was recently watching a video where some wall street guy was talking about ‘DeFi’ (Decentralized Finance) and how the majority of people in the US would eventually be blind sided when crypto basically becomes the standard for saving and spending (I’m paraphrasing).

The potential seems quite exciting, the fact that central banks and the money printing scheme might be overtaken by these new technologies. Many of these cryptos are gaining footing in the 2nd and 3rd world, apparently it’s only a matter of time before the 1st is forced to adapt and adopt crypto. It kind of reminds me of the early internet. Early on, only nerds and tech savvy individuals were able to navigate the technology until eventually smart phones and social media made it accessible to thots and plebs. Eventually, the same could be true for crypto as it becomes more and more easy to navigate and deal with, then every tard will be buying cat and dog coins.

I was recently watching a video where some wall street guy was talking about ‘DeFi’ (Decentralized Finance) and how the majority of people in the US would eventually be blind sided when crypto basically becomes the standard for saving and spending (I’m paraphrasing). The potential seems quite exciting, the fact that central banks and the money printing scheme might be overtaken by these new technologies. Many of these cryptos are gaining footing in the 2nd and 3rd world, apparently it’s only a matter of time before the 1st is forced to adapt and adopt crypto. It kind of reminds me of the early internet. Early on, only nerds and tech savvy individuals were able to navigate the technology until eventually smart phones and social media made it accessible to thots and plebs. Eventually, the same could be true for crypto as it becomes more and more easy to navigate and deal with, then every tard will be buying cat and dog coins.

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[–] 2 pts

They own the central banks, they can print money and buy a major controlling share of many cryptos. Right now they are likely buying.

At the worst they have huge amounts, at the best they can take it down.

[–] 0 pt

Even if they do end up owning a massive share of the crypto market, surely it’s possible to still bring down the central banks or at least diminish their influence.

[–] 0 pt

They had huge amounts in 2012, just because they are inbred doesnt mean their collective mind isnt capable of foreseeing crypto taking over gold as value.. Oh wait, paper, i meamt to say paper.. It replaced gold 80 years ago or so, right?