A year ago in November 2021, the total market cap for cryptos was about $2.85 Trillion. As of writing, $787 Billion.
Some $2 Trillion has disappeared.
But it didn't just disappear.
It just changed hands.
Whose hands?
Good question!
Excellent place to do laundry.
Everything comes out clean.
Until you run out of soap!
There were some winners but far more losers.
Very much like a casino.
In the end, nothing to cash out.
Beware false profits!
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Check out some of my previous posts.
Bix Weir interviews Clif High / Greg Hunter interviews Bix Weir.
CRO loses 50% in 7 days, 93% in last year.
From the era of want to the era of needs.
Central banks considering revaluing gold?
Another week. Another flurry of rate hikes.
