/biz/ - Business & Finance

Crypto is going to take off this year. This virus induced recession we're walking into just accelerated adoption by 5 years. I just read a prospectus this morning on the market in the wake of the virus, and they are absolutely delusional in how they're downplaying it. Everyone thinks this is going to over by May at the latest, so they're sitting snug in 1 year bonds and gold until they buy back in late spring. Well, its 80 degrees in Singapore right now and that temp hasn't killed the virus off, there is no reason to think it will be any different in europe or america. This is lasting 6 months to a year, and these investment banks are not going to sit in bonds with their dicks in their hands. If the stock market isn't giving returns they need to get them elsewhere and that elsewhere is going to be crypto. Welcome to the new normal, where hedgefund managers and investment banks are holding 30% of their total position in the crypto market.

Franky F was a great artist.