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Why The Crypto World Is INSANE Right Now...

By CodyMac50 | MyCripticLife | 12 Mar 2023


I don't like it any more than you do, and seeing these crazy times are enough to make a person want to pull out their hair.

Once we think we are in the clear, and Bitcoin is rallying, Silvergate happens.

Just when we think the "stablecoins" are maintaining somewhat of a "stable" price, USDC nearly unpeggs as it falls to almost .85¢ (I did predict that this would happen in a previous article, but in my opinion, this is just the start...)

This is simply the battle before the war. Notice I didn't say calm before the storm, because there really hasn't been anything calm as of the last year with crypto, exchanges, and banking in general.

Speaking of banks, did you know, SVB, Silicon Valley Bank, won't allow people to withdraw their money? Of COURSE you did, because it's been serious news for the past 24 hours! 

But, is this just an isolated incident? NO! Just as we thought things were going to be looking better for crypto, bank runs, crypto collapses, and Justin Sun transferring 100,000,000 in USDC to stave off his exchange from going belly up, slap us in our faces.

Can't we just take a year long break from sour news ruining our financial futures?

This isn't isolated. It's the signs of our current monetary system dying, and destroying wealth along the way.

This is how the CBDCs will become mainstream, and how digital IDs will be forced.

This system is only 8 to 10 months away from being the nightmare that it is, to changing into the hunger games.

I don't know about you, but I am just about done watching as financial institutions mess with me, and my future.

That's why I keep stacking sats and hope they don't destroy the electric grid with this WW3 brewing...

Thanks for reading, and as always, let me know in the comments below your thoughts on this current insanity...

 

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CodyMac50
CodyMac50

I'm Cody and will post about anything christian, crypto, and sometimes crazy...


MyCripticLife
MyCripticLife

I was involved with crypto since 2012, but left after homelessness entered my life. Now I am back, (since July of 2020) and ready to live this crypto life!

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