MultiversX Tracker is Live!

Diversification will soon be an illusion

All Cryptocurrencies

by COINS NEWS 51 Views

Inspired by a recent post:
https://www.reddit.com/r/CryptoCurrency/comments/14njqn7/are_you_truly_diversifying_with_crypto/

Hot take, but I believe that diversification in investing will soon be an illusion, and crypto may become the only actual diversifier in your portfolio.

That's because central banks and governments want to tokenize every asset you own on a blockchain they control. They also want every asset to trade against a CBDC, which of course they also control.

If this happens, then you will technically own nothing, and the central banks and governments will have the ability to determine if and when you can trade certain assets, or even hold them at all.

The stock market breakers that stop people from selling and Robinhood's infamous move to prevent people from buying Gamestop stock in early 2021 are a taste of what's to come.

FYI, this is not a conspiracy. The Bank for International Settlements, the bank for central banks, has been pushing central banks down this path for years, and it's the kind of control governments want.

If this kind of system is rolled out, then the shittiest of shitcoins will unironically be more valuable than the largest stock in the S&P 500, because you will always, ALWAYS, be able to trade it no matter what.

The ability to own your assets and choose how they are spent is the forgotten definition of financial freedom. It looks like we're about to relearn that definition the hard way.

Thoughts?

submitted by /u/Krupda42
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments