I think the groundbreaking blockchain technology behind cryptocurrencies is the most significant and disruptive technological advance since the Internet. Allows us to replace the current multi-trillion-dollar economic systems with decentralized systems that are freer, fairer, and speedier than the current ones.
The blockchain is a game-changer in the field of finance. Many tasks remain unfinished of all things. We’re on the road to that future with cryptocurrency. Patient investors will profit significantly from cryptocurrency over the long haul.
The near-term picture for cryptos worries me despite my long-term bullishness.
That’s because the crypto market has had an incredible run in the last several years. Just 21 months ago, when the Covid-19 outbreak first broke out, the whole crypto market was valued at roughly $140 billion. In less than two years, the cryptocurrency market has grown by 15 times to $2.1 trillion.
Investing in stocks isn’t a one-way street….