Cryptocurrencies. Will it rise or fall? That is the question! The question that stirs the minds of millions of people associated with the topic of cryptocurrencies. The reason for this is banal human greed, which has clouded the mind.
By their nature, many cryptocurrencies are similar to "Fintech startups", so any person immersed in the topic of finance realizes that investing in such projects involves high risks.
The main risk lurks in the word "startup", as 99% of such projects end in failure or "scam". The lack of financial history makes fundamental analysis impossible and we are essentially buying "faith in the great future of the crypto industry".
In fact, many tokens are analogs of "thank you bonuses" in the SBER ecosystem and analogs of securities of similar ecosystems. Will you buy "thank you bonuses" if you are not a customer of this ecosystem? All these "Etherium killers and killers of killers of killers of all the same Etherium" are either already affiliated with big capitals or will be further absorbed by them.
Moreover, most startups "sleep and see" their takeover by the "mastodons" of the market or are sold at the stage of technology creation. After that, key decisions will be made by the very owners of capital.
In the pursuit of interest, everyone somehow forgot about the main idea of blockchain technology - decentralization. After all, Bitcoin, as the first cryptocurrency, once acted as a revolutionary. A kind of Che Guevara, who declared war on the world banking system and its providers: "VISA, Master card, Pay pal, SWIFT", which sometimes act as a financial cudgel for dollar colonies. What the citizens of the Russian Federation felt on their "skin".
Just "masters of money" smelled the stink and began to actively develop the crypto-industry, pouring billions into the "Bitcoin killers". It's not for nothing that they say "if you can't win, lead"!
Large corporations and banks that live by the laws of capitalism began to "vacuum" the market, introduce blockchain, develop crypto-media and offer services for investing in cryptocurrencies.
Then came ETF funds (analogs of mutual funds) "on paper Bitcoin and Etherium", which do not give you direct access to them, and therefore do not make you their owner.
Here we had to obey the harsh laws of the market. As a result, Bitcoin obediently followed the U.S. stock indexes, as it turned from a means of payment, which it was intended to be, into a means of accumulation.
It turns out that human greed has endowed it with a new quality. But Bitcoin is not a stock. Apparently, that is why the U.S. Securities and Exchange Commission SEC recognizes Bitcoin as a commodity, on a par with oil, gas, coal, etc.
As a result, the crypto industry will be heavily regulated and Bitcoin is the main target. Looking at the current US behavior regarding the other commodity oil and the introduction of a price "ceiling", we should assume that a similar thing is possible for the main cryptocurrency.
With the introduction of CBDC they will be able to completely take all fiat gateways under control, then they will say that it is illegal to buy bitcoin more expensive than 10000$ (for example).
The capitalization of the entire crypto market is equal to the capitalization of one of the five major US companies (Amazon, Google, Meta, etc.), which means it is a very small and manipulated market.
The actions of the authorities of the main world economy destroy all the myths about a free and fair market, so the topic of cryptocurrencies automatically moves from the financial and economic plane to the political one.
It will not be possible to ban bitcoin. So sanctions and a price ceiling are the very way in which bitcoin is going to be dealt with. After all, without waiting for the Xs, purely as a means of payment, all transactions with which are visible to everyone in the Blockchain, it will be of little interest to anyone.
But there's little doubt what the elite crooks are planning. In one country living in a warped economic space, they say, "It was smooth on paper, but they forgot about the ravines."
Bitcoin has been buried over 400 times in its lifetime. Death has already dulled its scythe.
