We saw a lot of Wall Street being exposed. It is now obvious that the brokers, such as RobinHood do not represent their customers. The Wall Street game is rigged.
in this video I discuss how important it is to use the alternative that is available. We now have blockchain which can replace the corrupt Wall Street entities.
▶️ 3Speak
I don't know if they foresaw the large market cap but I think the day where crypto's marketcap surpasses gold or silver has a good chance of coming. With so many different projects and cryptos being spun up everywhere, I can only see crypto expanding. I hope the new market cap makes people more interested in crypto.
Last night I was talking to a friend online about crypto and he was like "it's first time hearing this perspective". So I think there are still too many people who rely on the news networks and do not understand crypto in general.
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I would agree. That are a ton of people who still watch the news and take it as gospel.
In the end, they really do not know what is taking place as your friend exemplified. I am sure what you told was not any great secret nor information that is not out there.
Yet it was not reaching those ears.
BUt what Janet Yellen is saying about crypto is.
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Great points!
Up until very recently, I was only doing traditional investments. It was the only way, people said. Now, the more I learn about crypto, the more I'm shifting my investments to it. I think I'm still gonna hold some more traditional investments in the future, but I'm very confident in the new way that's unfolding before me.
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The traditional world is one that is rigged to such a degree that individual investors get screwed. The Robinhood situation brought that to light.
It doesnt mean there isnt money to be made just we need to generate an alternate system that cuts out the middle men.
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Just curious, and you don't have to answer if you don't want. Are you a crypto maximalist or do you still hold traditional investments? I still hold traditional investments. As much as I see the system is rigged I still don't think I could fully pull out of that space. Is is still just too large and drives too much of the economy at this point. The hope is that it won't come back to bite me one day.
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I am in traditional investment out of my retirement accounts.
But my "cash" accounts are all in crypto.
I will continue in the stock market, although I am not that fond of the levels we are at now so I am mostly on the sideline with that since I am expecting a pullback.
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Good to know! I am spread all over the place but I would say a good 80% of our wealth is spread across about five or six accounts.
Just what I am doing. The stock market might be something attractive to me with a major pullback.
However, there is also the potential of seeing stock, perhaps synthetics, traded using crypto so being in that game with crypto will be possible.
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Hey bozz sorry to spam like this but have you voted for the proposal for SPORTS yet ? You are like 13th in sports holding right now , so can you vote for the proposal ? link
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I will take a look.
Thank you very much for considering .
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@taskmaster4450le using the alternative is really necessary and I like the way you simply explained all the details....
@taskmaster4450le I agree that the blockchain is better because it has features that makes rigging easy to detect....
Why I do not like the Wall Streets is because of the corruption going on,that is why the blockchain should be protected and be more decentralized to avoid abuse of power on the blockchain which is something which killed the wallstreets...