Orangejus
2021-06-23

Cryptocurrencies have been a real boon in slowing the inflation of assets. Costs nothing, worth nothing, but it has been a very useful buffer for the economy. Forget the empty promises of DeFi andsmart contracts, they are currently insufficiently optimised to replace the real world instruments they are supposed to substitute. Now that the Fed has announced planned tapering of the money supply, this is as good as it gets for crypto, for now. It will pop again to buffer the next QE session though, so HODL at your own opportunity cost!

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