There will be so many small time investors losing money when the bubble pops it's starting to make me wonder if it won't lead to some serious global destablization.
This isn't just some investment play-thing of otherwise well-off individuals in developed countries. A lot of dumb money has flowed in, and it's from people who probably can't really afford to lose it without taking a serious hit to their net worth.
Interesting times, maybe 50 years from now historians will be talking about the crypto-bubble and rising nationalism as the precursors to the next big war.
This isn't just some investment play-thing of otherwise well-off individuals in developed countries. A lot of dumb money has flowed in, and it's from people who probably can't really afford to lose it without taking a serious hit to their net worth.
Interesting times, maybe 50 years from now historians will be talking about the crypto-bubble and rising nationalism as the precursors to the next big war.