I personally do not know what will happen to the entire Crypto market, but it seems it's about to be heavily shaken up in the coming weeks.
Reddit is killing off all 3rd party apps within the next week or two. I expect a mass exodus of users there shortly after. Reddit is by far the most popular place to go for crypto news.
Binance is now being sued by the SEC. They are the #1 crypto exchange, and we all know how dirty CZ and Tether are.
The perfect storm is now coming for Crypto.
Let's see if any coins/platforms survive it. I know many here are dug into the sand on both sides, I think we are getting that answer soon on what will happen with Crypto, and it's potential role in the future.
I personally think a few will remain, but I can also see it going the other way too, it all goes POOF.
Gold and silver cannot compete with the CBDC. Bitcoin can.
Ironically, Bitcoin is the only asset that will be left standing when all the other shitcoins croak.
Ethereum too.
ETH lost all relevance when it switched to Proof of Stake.
No, they;'re going to get nailed by the SEC too.
If it has a CEO or a foundation, it is a shitcoin, and it is going to zero. This includes the Federal Reserve Note.
So Bitcoin is a shitcoin?
https://www.bitcoinfoundation.org/