I was talking to my wife today about the possibility of having success with this whole crypto thing we've been doing for seven years or so. I mean, it's not that much of a long shot anymore, and the idea of "cashing out" which was the plan in the beginning; sounds quite stupid.
Without even mentioning that we live in a country where the Banks can disappear one day, because it has happened before. I find it more and more difficult to believe that the US dollar is going to make it for that much longer.
Yes, I'm becoming one of those doomsday prophets, but I believe I'm level headed enough to outline respectable reasons as to why I believe this is the case.
Let's see here:
The cycle is estimated to be 8 years or so, and we are past that point by quite a lot to be honest. As a matter of fact, I'm shocked to see that COVID didn't quite trigger it altogether, since it seemed to be the perfect storm, but alas, here we are.
As it was on Trump's first time, the printing machine is about to go bananas. Why? Well, simply because our orange Lord blew up the deficit last time by increasing spending and cutting back on taxes, a combination that is guaranteed to fornicate things upwards, as the snobs would say.
I don't see a single politician, and I do say not one, that has moral values that I can look up to. If they are not war mongers who love to feed the killing machines little children, they are corporatists who are so deep in the pockets of the elites that they've not seen sunlight for decades.
Giving them a penny of what I own is painful to even think about. So yeah, they can go fry potatoes with motor oils as far as I'm concerened.
The system is has been playing the rumpy pumpy with the people for way too long. Most people are done, tired, angry and want to see it all burn to the ground. The vote for Trump, in my personal opinion, is precisely that: The biggest fuck you to the system that keeps people down.
The "fed upness" of the people is possibly the little push they needed to turn into crypto as a way to opt out; A peaceful way of walking away from the rigged game.
Unless they put everyone in jail while at the same time decide consciously to fall behind all other developed nations. They simply can't go full on Elizabeth Warren and ban all of it into oblivion. So, they won't.
If they did, it would be like telling China to take their owed prima nocta...
At any rate... The message is this. I won't be cashing out. Yes, even if we BOOM. I'll set aside some stable coinage, to drip life into my struggling existence, only to hold off enough to catch another ladder up, but cashing out. For What? To get fucked and not even kissed? Yeah... Not interested.
MenO
