The core premise of crypto has been damaged. Last week’s crypto collapse, which mirrored the equities market, undercut a critical hypothesis – that cryptocurrencies would rise and shine amidst failures in the global financial system. Instead, the coronavirus outbreak proved just how much people value cash and toilet paper as they adjust their priorities. Bitcoin will survive. Trading will be fine. People will continue to pump and dump the alt coins.
TueTue MayMayMayMay 2019
03:15
