My personal view is that the days of cash are numbered, as the powers that be have wanted to stop this means of non-taxable income for ages (see my previous posts). So, in other words, the future will inevitably be a digital currency. However, let's look at the evidence:-
Not exactly inspiring confidence are they? Then if you just look at the top 20 cryptocurrencies and their respective total supplies it amounts to billions if not trillions of coins if you add them up all together and that's not even to mention the rest (plus all the forks and airdrops etc...). Next factor in the control system of the central banking cartel which are all privately owned companies in control of the money supply of their respective countries and can literally create digital money out of 'thin air', more than enough to own the whole crypto market many times over which is currently just petty cash to them. My advice is wake up and don't get too greedy and to take profits when you can as even if there is another massive rise in all of these they will almost certainly be dumped later in probably much higher proportions.
On the subject, this was posted today by Vitalik Buterin of Etherium on twitter:-
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Vitalik Buterin
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@VitalikButerin
6h6 hours ago
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Reminder: cryptocurrencies are still a new and hyper-volatile asset class, and could drop to near-zero at any time. Don't put in more money than you can afford to lose. If you're trying to figure out where to store your life savings, traditional assets are still your safest bet.
