23/10/2021
Extreamly slowly then all of a sudden.
It is fair to say since the 2017 mega top cycle the vast majority has become aware of and . But there is a huge majority of the world who are still asleep at the wheel, not understanding what this represents.
Game theory will take care of the big money, as it will simply become untenable not to hold bitcoin, or have some level of business offerings/ systems on in the next decade.
Governments will continue with currency debasement and turn to decentralized options when the USD standard simply becomes non-viable. Many countries hit the hardest will look to either make bitcoin legal tender or look to peg their currency at some level to bitcoin or an alt group (the ‘alt standard’)
But the biggest move driving all of this will be retail. Business follows demand and this is happening in two key categories:
1. .
Why have your money in a bank at as close to 0% interest when DeFi solutions pay a fair rate of return? 4.5%, 7.5%, 12% and more!
Retail has had enough of bureaucracy and rules heightened by Covid, and people will opt out of traditional systems - leaving the banks to scramble to enter the decentralized space (if they haven’t done so already) via acquisition of these companies or simply needing to by underlying tokens to create offerings.
2. ’s.
Most people are running around taking about digital art and owning JPegs but they are missing the point.
We are about to tip into . Micro-ownership is the game and that could be of , artists/ musicians, athletes and clubs even brands. NFT’s make it possible to fractionalize the ownership of the world - helping to move from centralized control and power to decentralized.
Look at the success or platforms like Robinhood and EToro who made it possible to have micro ownership of shares!
This is a tidal wave of opportunity that will fundamentally change many investment classes.
This run up of crypto had many, many underlying factors however it your following this group you will know this is the tip of what is to come. Like the internet in the 90’s we are barely at the starting line of this huge market shift.
