This website contains age-restricted materials including nudity and explicit depictions of sexual activity.
By entering, you affirm that you are at least 18 years of age or the age of majority in the jurisdiction you are accessing the website from and you consent to viewing sexually explicit content.
Oh no!
Anyway…
I’ve been hearing about the imminent crash for the last two years. New money keeps getting injected into the system. The bubble can’t deflate while both the public and private sector have an unlimited lung capacity to keep puffing into it. FFS, bitcoin is on a tear right now, just because Trump won the election.
This bullshit isn’t going away. Its only going to get forced down our throats harder and harder, until we swallow or choke on it.
With the right level of Government support, bubbles can seemingly go on for literal decades. Case in point, Australian housing since the late 90s has been on an uninterrupted tear (yes, even in ‘08 and ‘20).
But eventually, bubbles either deflate or pop, because eventually governments and investors will get tired of propping it up. It might take decades, but I think it’s inevitable.