The Truth About Cryptocurrencies: A Clearheaded Guide to the Crypto World
(www.expensivity.com)
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Crypto prices correlate so much with the NASDAQ, I am convinced that it is Institutionally Owned at this point by Big Finance as an asset.
Moreover, trading it is at such a glacial pace, or run through an exchange that is basically a de facto bank. Not sure I'm fully sold on the disruptive capabilities on a non-physical good yet. Moreover, fungibility is still horrible, and I need to trade back and forth to regular currency anyhow, making the currency an asset.
That's because exchanges somewhat recently introduced futures trading. The prices of big coins like BTC and ETH are heavily manipulated now.
Truth....