Anthony Pompliano, the founder and partner at Morgan Creek Digital throws out some very close to the truth, words stating that the perfect storm is brewing for the crypto markets. He is of the view that the filth of our current monetary systems also results as it bears some significant loopholes but what the reality is that their are agents that throw the filth in the first place. Pomp states that the filthy fish of the fiat financial system have now landed on the crypto intending to get out as much as they can possibly drenching every last drop of hope from the cryptos. BlockPublisher dug some dirt up to eventually land some words from the man himself.
The public equities are set to rectify to a much less valued order as many speculate. This can coax the investors to seek shelter inside the crypto markets.
The Perfect Storm is brewing, remember?!
The advent of the blockchain gave way to the digital currencies and assets which we refer to today, as the cryptos. The time was perfect for the cryptos for not only to linger and stick around but to turn into a force to be reckon with. This resulted only because the loopholes in the current financial system that had the wrecked quite a havoc at the time, though it did get stable after a while. But that increased the pace with which the cryptos were to dominate the entire globe, not officially but at a public level garnering more audience and fanbase as the days went by.
Now, as per Pomp, the financial juggernauts and the tycoons set their sights at the digital assets and throw their cash at it. This might seem fruitful in the near future but what really is worth mentioning here is that the filthy fish has already turned the fresh fiat pool stagnant. The stagnant pool in fact ignited the advent of the newer crypto waters to begin with. This is seriously an alarming situation as the financial juggernauts will seek their own ways to deal their resources, possibly omitting out anything regarding the democratic aura. The cryptos emerged out as the money of the people and it shall be branded as such as long as can see into the future as that is the safest route ever to prosperity.
Along with the media and means to ignite crypto adoption, the crypto analysts and thinkers must set their attention to deflecting agents that can pollute the crypto markets rather than setting sights on the green which can only do the crypto a short term good. The investors look to find means to add value to their stashed resources by investing in out of the stored stash. Pomp describes a similar situation for the crypto markets that investors intend to do the same as they come swinging into the crypto markets. They have found peace in the markets and as per Pomp,
Adding higher volatility assets to a diversified portfolio can actually reduce risk sometimes. And many will stay in cash but remember the annual return on cash is -2%