Blockchain kind of failed on us... Why would I say it? Well, after 15 years of Bitcoin's existence, how much of the businesses around the world are conducted on Bitcoin, how many of us are getting paid or paying anyone in crypto? BTC was born as an alternative currency, but it ended up being an alternative speculation bubble to the traditional stock market.
Crypto is the stock market on steroids, and it's natural to be that way because it's directly fueled by the internet. The internet is here to make it possible for us degenerates to leverage the exponential age. Half of the world's progress wouldn't be here without the internet.
Germany had something like 50,000 bitcoins at the beginning of the year, but during the summer, it decided to sell everything, pushing the price down a bit but missing out on a hell of a ride since then, though.
Germany is not doing good from an economic standpoint. I talked with a friend of mine who has lived there since '95, and he says unemployment is quite high and that the mayor's house where he is working is $15 million in debt. Shit's about to hit the fan, and I see a few good reasons why Germany got there.
It all started in 2020 with a man-made virus and a mentally ill, man-made pandemic. The two years of the so-called pandemic led to an insane supply chain mess and a hell of inflation to match that. Then the war in Ukraine started, and the Germans decided to shoot themselves in the foot by refusing to buy natural resources from Russia and also insisting on their green policies, which are clearly not sustainable.
Germany is a country that was built and taken to insane economic highs due to its industry. Take its industry away, and Germany will be worse than my country, but my country isn't doing much better either. The politicians are so desperate about collecting taxes that they're planning on imposing tax and social security payments on whoever holds more than $2,500 or something like that in his account for more than a year.
And that's how we get back to Bitcoin, but as mentioned in the introduction, the crypto market is not driven by fundamentals but rather speculation, which is why we have so many memes and so few actual use-case blockchains thriving.
There's this guy in the crypto community called MMCrypto, an account I've never followed because I don't like individuals who are desperate about farming engagement and who, for the sake of doing that, are able to say anything. Well, he just announced that in the first half of 2025, we will see a market crash of epic proportions worse than 2008 and probably some civil wars too.
If that one happens, he will probably be the first in human history to predict a black swan, which I doubt will happen. Individuals like him are quite numerous in the crypto community, but none ever comes with irrefutable proof for their sayings.
Have a look at that chart I shared with this post. 2026 will be the bear market year, not 2025. Ignore the noise and make as much money as possible in 2025. At some point, probably by the end of the year, we will have a necessary crash, but not anytime soon.
Thanks for your attention,
Adrian