You are viewing a single comment's thread from:

RE: Are we in a Cryptocurrency Bubble?

in #cryptocurrency8 years ago

I mean FIAT is always in a bubble and they will always go to their intrinsic value of zero. Crypto may stablise and be used as a real measurement of wealth, rather than the increasing FIAT prices of houses etc

Sort:  

OK I think I understand - the central banks create a sort of bubble by overprinting money when they feel like it. That is one of the reasons why even if it is a bubble (and eventually bursts) it will not kill crypto - just slow it down.

That's what I'm hoping, or for crypto to FIAT ratios to go to the moons of Neptune :)