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Unless you have a birds’-eye view of the entire global economy and all uses of crypto in the market right now, there is no way you can make such a blanket state
by numair 5y ago
Unless you have a birds’-eye view of the entire global economy and all uses of crypto in the market right now, there is no way you can make such a blanket statement with such certainty.
- tsimionescu 5y agoThe same is true for the original claim. Unless we have a bird's eye view of the entire economy, the only direct measure of money getting converted to useful economic activity is Capex (and Opex). The volume of BTC, or bank deposits/lending, or stock markets - they are all hard to correlate with economic activity.