Comment by hengheng

I am still wondering what money it was that predominantly went into crypto. Lots of retail investors lucked out between Tesla stock and BTC, but that can't account for all of it. I suspect a lot of shady money coming in from outside the US that raised the water level. Yet people talk about it like it's a co-op pension fund.

National bailouts going into an international fund are going to be a global power readjustment. Fun times.

My personal guess for an inflection point is civil unrest. Doge are already tightening the belts for the lower class. Nobody has really figured out how far they can take it. Police has been arming itself for the last decade or two, that started way before Trump, and they have been ready to thwart any uprising. But I am wondering if something is going to happen regardless. Civil war is only a bad idea as long as there are other options.