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As long as everyone agrees on a global form of payment (USD) with swift and a 'Friendly?' globalistic enviroment there will continue to be no need for crypto.
by TrapLord_Rhodo 4y ago
As long as everyone agrees on a global form of payment (USD) with swift and a 'Friendly?' globalistic enviroment there will continue to be no need for crypto.
However as we start to see fragmentation in the payment space between Russia, China and the EU/US along with an explicit writing in the transactions to disallow crosstalk, there start to be some kind of 'use' for crypto again.
The need for a verifiable, self-soverign, uncontrollable medium of exchange starts to become useful again.
Problems with the above:
Low liquidity,
uncontrollable is a loose term here. If the US forces publicly traded companies to dump crypto it will cause a huge crypto winter and a huge amount of money to be 'eaten up' by the bulls.