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The incoming hyper inflation will create an extremely bullish cryptocurrency market - Kotaki Fund leaks

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by COINS NEWS 224 Views

"The incoming hyper inflation will create an extremely bullish cryptocurrency market which will attract more and more investors to join."

source: inferkit website

A report from Kotaki Fund (the biggest Japanese HF) indicates that cryptocurrencies will rise to an unprecedented level of maturity during late 2022.

A leaked internal memo from Kotaki Fund mentioned that the Presidency of Lanayru has drafted a plan for cryptocurrency adoption and that they are in contact with countries that have already being using cryptocurrencies.

It is also implied that an International Monetary Fund equivalent with cryptocurrency backings is in the works since early 2020 and that stock and crypto market already have a symbiotic relationship. Their funds have been spent for evaluating the situation in cryptocurrency and creating social-economic alliances.

This is a very positive sign to investors, the probability of Bitcoin to overtake more traditional currencies is very high in more and more countries. The leaks also imply that last year's exits from traditional stock market investments (several executives have closed their positions) has something to do with ICF (International Cryptocurrency Fund).

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The above post is a gibberish work of fiction with no ties to reality at all (at least not intended).

If by reading it you felt reassured and confident in the future of CryptoCurrencies and your investment choices, you may have been a victim of confirmation bias.

  • inferkit (the mentioned source) is an AI - text generation site. It was partially used to create this gibberish text.
  • Kotaki is the name of a train station in Japan
  • Lanayru is a region in the video game Zelda Breath of the wild
  • "International Cryptocurrency Fund" is a made up term (as far as I know)

This was created as an educational example to showcase the danger of fake news and confirmation bias and not to bash CC.

submitted by /u/lifake
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