Good decision. After the big "fortune favors the bold!" ad blitz of last year the pot of greater fools willing to pour money into cryptocurrency (without under

Good decision. After the big "fortune favors the bold!" ad blitz of last year the pot of greater fools willing to pour money into cryptocurrency (without understanding it) is probably pretty tapped out. At this point the only way to keep the music going is to find a way to tap and drain pension funds, endowments, IRAs, and other sources of more conservative money that reside in public markets. Keep that from happening and the Ponzi collapses unless they can find some other source. The only other one I can think of is flight capital from China and Russia. That's always been a factor in propping up crypto but the thing is they're not HODLers. They don't care about propping up crypto, just using it to get money out of places with capital controls. Once the money is out they're likely to liquidate on the other side. Wire transfer is one of the few areas of actual utility in cryptocurrency but it doesn't really prop up the Ponzi. The same applies to money laundering. They're using crypto as a vehicle to launder money but once laundered they want the money back in generally usable form. They're not HODLing.