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The Great Wealth Transfer is just beginning 🌊
Americans are sitting on near ATH cash reserves, gripping onto their savings for dear life. But as inflation keeps rising, holding cash is like lighting it on fire. This massive pile of cash is poised to flow into crypto, the newest, shiniest, and dankest asset class out there.
Remember, after famines, plagues, and pandemics, it's common for the public to go on spending sprees. We're about to see a similar wave in the financial world. In the Middle Ages, sumptuary laws were passed to curb such spending – today, no such laws exist to stop the flood of money into crypto.
Raising rates can be inflationary if it doesn’t cause a recession. It's go time! The FUD that no one has money to invest is WRONG. We’re sitting on near ATH cash reserves, ready to ape into the next big thing. Families are locked and loaded, not for TradFi, but for the crypto.
Don’t sleep on this shift. The Great Wealth Transfer from TradFi to DeFi is here.
Get ready for liftoff 🐂 0 reply
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