Trillions of dollars injected into the markets by the Feds every single day... and you mean to tell me the entire market cap of the crypto space stayed the same...

Title says it all. I am in absolute disgust with the amount of money the Fed is printing every damn day just to feed the shadow banking system and remedy their shortfalls from preventing a widespread virus worldwide and you mean to tell me that the market cap of all cryptocurrencies stayed the same.I’m not sure if this is manipulation or just pure lack of adoption but it sure as hell looks like this wasn’t what cryptocurrencies were supposed to do. It was SUPPOSED to eradicate the world of poverty. It was SUPPOSED to prevent deglobalization (especially in times like right now). It was SUPPOSED to create a free form of transaction across borders. Now all of a sudden the US equities market is swinging higher and faster, yet cryptocurrencies did absolutely nothing.Where the hell is the spirit of encouraging adoption or is everybody so busy with their own tribalism of their own bags that they fail to see what the big picture was all about to begin with? All these mass protests and revolts are taking place yet we still haven’t rid ourselves of the worthless fiat we were set to abolishing. This is crypto’s perfect moment to shine, yet, it hasn’t done anything.

Submitted July 12, 2020 at 09:13AM

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