I thought about the number go up -freedom go up correlation for a while now. That YT video really summed it up perfectly.
We may have an issue regardless. If number keeps going up and everyone makes money but at some point we realize that our digital assets may be overpriced and the market starts rationalizing, won't that push people away from the technology?
I'm talking about bizarre scenarios where someone will figure out that Cardano can't be actually worth any money because it has no dapps so it crashes to a few cents per token.
Can't this situation be used by JP Morgan and friends to utilize the I told you so strat and introduce their own centralized solution? This would make people think they are using blockchain but they would just be interacting with a centralized database similar to BSC.
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