Why do you think there is such a strong rush to close/shutdown everything crypto?
The traditional global financial system is about to crash and they don't want competition. Remember, they are owned by banks and banks are used to having a monopoly on money.
If the financial system crashes due to its many weaknesses, it will lose all of its customers to the other side.
If they can shut down the other side, people can just cry and rebel but they would have no other choice other than to use what is available.
Now there is an alternative.
So they will have to either come up with real solutions (not likely) or become obsolete as it is the norm.
The only constant is change in this world.
The DJI is about to crash.
We have a peak January 2022 followed by lower highs. This month the DJI has gone below EMA10 and the indicators are trending down.
It seems that it will be worse than 2008... No worries, back in 2008 we didn't have Bitcoin, it will be interesting to see how things will develop this time around, to say the least.
Bitcoin was invented for this exact type of situation.
Will the experiment work?
Or will Bitcoin and Cryptocurrency go down with the rest of the old system that it is intended to be the solution for?
My money is on change.
If you look back at history, nothing ever stays the same.
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