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Intervention by the Central Bank is not a good thing. There are a few economist who are warning against the lack of moral hazard currently pervasive in the Trad

Intervention by the Central Bank is not a good thing. There are a few economist who are warning against the lack of moral hazard currently pervasive in the Traditional Finance sector. Crypto will be the refuge from aggressive monetary policy going tits up. Aka like in 2008.

rapsey 5y ago
Many decades of economic growth speaks for the current economic model. A saying goes: pessimists get to be right, optimists get to be rich.
- omgwtfbyobbq 5y ago
  Another saying goes: Past performance is not indicative of future growth. YMMV...
  - rapsey 5y ago
    With a good money printer growth is guaranteed.
    - omgwtfbyobbq 5y ago
      Well, real growth. ;)
omgwtfbyobbq 5y ago
My sense is that crypto would also go tits up. I don't disagree about problems with traditional finance, but I think that asset valuations, including crypto, benefit from those problems.