- Don't follow the price but follow the innovation.
- in 2018 Crypto market reached $750 Billions, in 2020 it reached $3 Trillions.
- of course cryptos are still nothing if u compare markets with the actual netted value of derivatives. $600 Trillions.
- if u followed some recent news about IRS :
- The Passage of the Inflation Reduction Act signals the hiring of 87,000 IRS agents and the bill specifically calls out crypto assets.
- $80 Billion of funding is allocated to the IRS budget over the next 10 years, signifying a 75% increase on a yearly basis.
So are you thinking govs will hire more agents to tax a dying system. think about it.
- According to Fibo the next bullrun will lead Crypto Markets around $10 Trillions.
- Be ready for it but be ready also for taxes and regulations.
Feel free to comments!
Happy Tr4Ding !