yikes brother, not that good of an entry.
heres what I think. Have you heard of the 1 btc = 1 btc meme? Well what does it really mean? It means that for bitcoin to have the upperhand to fiat (aka dollar) we need to stop evaluating its value by dollar. Right now global adoption of cryptos is difficult with a volatile price, and especially difficult when everything has a dollar price. Clothes, food, houses, cars, loans, etc.
So the real perspective to have shouldnt be the volatile price of btc paired with dollar, but what would it be like if BTC was the global currency instead of the dollar.
Right now the global economy is in shambles. Stocks are plummeting (bitcoin wasnt the only bubble, some of these stocks like sp500 dow have been in a bubble for YEARS) inflation is crazy, jobs are getting shittier with low pay, debt is at a ridiculous level where it simply cannot be managed anymore.
We really are at the brink of recession, and it will be bad.
But how did it get this bad? Well, unregulated money printing, banks creating ways for them to create money out of thin air (like collateralized debt obligations) where they turn 20million dollars into a billion dollars via some stupid loops in the system. Truly criminal shit, and what happens when shit hits the fan? Regular people, middle class low class lose their homes, pensions, savings.
What happens to the banks? The true reason why all this horrible shit happens?
They get fucking bailouts and move on as if nothing happened.
The current economic system is FLAWED. and its designed to fuck the average person over by keeping him running in the hamster wheel with a carrot on a stick while these fuckers run away with billions of dollars everyday.
Here's a great speech, listen to it when you have time.