I'd be willing to bet that unjabbed and holding cryptos go hand in hand.
Certainly in the circles I mingle in online it does, but I also suspect that the number of people with more than say US$1k of cryptos is very very low - about 0.01% of the pop or less.
4 years ago, I would have agreed- now?..
I'm not so sure at all...
Four years ago the covid hoax hadnt yet started and cryptos had just crashed...it was very different... but lets make it people holding Monero rather than Bitcoin!
OR PEOPLE OPEN TO THE IDEA THAT MOST CRYPTOS ARE PONZIS RATHER THAN the CRYPTO BELIEVERS
....it's not about the covid- it's about the banking collapse- liquidity (which is ALL crpyto is), is gonna get sucked out of the system to service other debts/purchase tangibles- commodities.
Crypto - even since bitcoin started- has been in a quantitative easing orgy- lots of cheap /free money - and that is stopping very soon...
By sept 25 probably
Maybe privacy coins will be the new black market cash...maybe, we shall soon see.
CRYPTOS ARE NOT A VERY BIG PART OF THE ECONOMY, JUST A DROP IN THE OCEAN
....indeed they are not - and the straw that breaks the camel back isn't very heavy either....
imagine if it was' mathematical balancing ', using crypto to soak up/liquidate as and when - all to just keep true price discovery ,from happening...
You don't need a big market - you just need a fulcrum...
“Give me a place to stand and with a lever(age), I will move the whole world.”
...brackets added to Archimedes' quote...
dont worry - i'm nervous enough for two
lol...time will tell, as they say....
(I've never spoken to 'they' directly, as yet, but he doesn't half put his nose into a lot of things)