This is not the end. It is whole new game across all wealth. Stocks, crypto, startup equity, real estate. Technology has given a voice to the masses. Our forefathers were farmers, others were industrialists, this is the age of the investor. Learn or die.
Traditional gatekeepers of wealth will not be happy. Wall Street, VC, Central Banks, Media organisations, etc. But with technology, more control is taken away from them and given back to the people. There’s nothing 11,000 hedge funds can do to 3M redditor retards.
These communities will grow. Crypto communities will shock central banks. With DeFi now people can bank themselves, hodl their bags forever and cash out to spend.
Whereas everyone sees crypto democratising wealth, access is still very much limited for the poorest 50%. We must do everything possible to bring access and knowledge. UHNWIs and corporates are now the biggest buyers of crypto. Poor people sell at 5X.
The biggest returns will still go to the wealthy. But maybe a few people will have a long term macro picture of these changes that are happening.
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