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> I hope the comeuppance isn't super destructive outside of cryptocurrency circles. This is one of my concerns too. I sock away a healthy % of my income in to
by nly 5y ago
> I hope the comeuppance isn't super destructive outside of cryptocurrency circles.
This is one of my concerns too. I sock away a healthy % of my income in to traditional investments, and I aspire to one day own a home I can raise a family in.
The current asset bubble, which I personally believe is the wedge driving cryptocurrency apart from reality, is really hurting those of us with these rather mundane aspirations.
- SwimSwimHungry 5y agoI wish you well and all the best, nly. I hope we get out of this relatively unscathed.
- lottin 5y agoIt depends... I think cryptocurrencies might be luring clueless people away from the stock market and into the crypto market, which is probably a good thing for the stock market even if it means lower returns in the short term.
- nly 5y agoGood in theory, but the stock market is booming and so is everything else. In the media this has recently been called the "everything bubble" and TINA (there is no alternative).