Crypto is worth exactly the amount of faith that is backing it at the moment. Unless it is an asset backed crypto (which do exist, but are only worth what the asset is worth) it has no other value except what the Elite (who own most of them) say they do. Why do you think the crypto market moves together? It is a pump and dump asset for the PTB.
Please see Part 1 of my report to get a better understanding of what the stock market really is. It is nothing more than an asset transfer vehicle for the Elite. ETFs (like all other funds) take your money so that the PTB can own all the companies. You own nothing. You own withdrawal rights for the fund, nothing more. The fund managers (or custodian banks) own all the companies. The funds are not backed by anything, and if the holder of the fund goes under, you are screwed.
Part 2 and 3 of that report will further elaborate on these issues. For now, this is sufficient.
Crypto is worth exactly the amount of faith that is backing it at the moment. Unless it is an asset backed crypto (which do exist, but are only worth what the asset is worth) it has no other value except what the Elite (who own most of them) say they do. Why do you think the crypto market moves together? It is a pump and dump asset for the PTB.
Please see Part 1 of my report to get a better understanding of what the stock market really is. It is nothing more than an asset transfer vehicle for the Elite. ETFs (like all other funds) take your money so that the PTB can own all the companies. You own nothing. You own withdrawal rights for the fund, nothing more. The fund managers (or custodian banks) own all the companies. The funds are not backed by anything, and if they holder of the fund goes under, you are screwed.
Part 2 and 3 of that report will further elaborate on these issues. For now, this is sufficient.
Crypto is worth exactly the amount of faith that is backing it at the moment. Unless it is an asset backed crypto (which do exist, but are only worth what the asset is worth) it has no other value except what the Elite (who own most of them) say they do. Why do you think the crypto market moves together? It is a pump and dump asset for the PTB.
Please see Part 1 of my report to get a better understanding of what the stock market really is. It is nothing more than an asset transfer vehicle for the Elite. ETFs (like all other funds) are used to own companies. You own nothing. You own withdrawal rights for the fund, nothing more. The fund managers (or custodian banks) own all the companies. The funds are not backed by anything, and if they holder of the fund goes under, you are screwed.
Part 2 and 3 of that report will further elaborate on these issues. For now, this is sufficient.