Opinion: People are slowly waking up to why this technology matters

This current pump is hard to explain, even as someone who’s been in the space for 8 years. It goes against historic norms for this asset but I think there’s a reason. People are waking up. They’re waking up to:

• Inflation. It’s real. It’s something a lot of people have never experienced before. It’s an invisible tax that makes you poor and it’s something you have no say or control over.
• Banks are power centers to control the masses. 2008-2009 was a test run. These recent bailouts and testimonies from Yellen just prove it. They’re there to take our savings, loan them out to our friends and neighbors at 70x the % they pay us. They’re not even trying to hide it anymore.
• The central bank is broken and it’s existence is starting to become questionable. The whipsaw of Covid money printing to hawkish tightening just shows they’re reactive and in no way are “in control”. It’s a mirage and a facade.

I think all these things, occurring the way they have, are pushing people to alternative solutions. And it will continue to do so because the system is broken and cannot fix itself without causing French Revolution style backlash.