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We heard about quantitative easing, which is printing money infinity. The opposite will happen. It is called quantitative tightening ✂️, which shrinks the money from the existing market.
We also knew from the beginning that crypto is to prevent the government from reluctantly printing infinite amounts of money to avoid inflation. Still, it does not tell you if the government starts to withdraw money away from the market. What could possibly happen when the market has a shortage of cash? Recession perhaps?
Since the COVID-induced financial crisis happened in 2020, the market crashed overnight, and the Fed had to bail out again after the 2008 housing crisis. The barrrrrr of money was a meme and brought happiness to the equity market along with cryptocurrencies and many other assets.
Many assets' valuations have been multiple and raised faster until inflation starts catching up.
Thanks to additional money out of nowhere that pushes everything higher, including inflation, we are now in global financial stagnation. There will be no growth in the future with too much money chasing too few goods.
The growth of fear is building up in the financial markets.
Elon Musk forecasted that he would see a hurricane in the financial market and many other CEOs.
We do not know if that will be the case at the moment, but many are fearful about the future.
Are we doomed?
There was no way to hide but go with it when the financial market tanked, even within the crypto market.
Perhaps the cryptocurrencies will cool down a bit.
We know the future, but we can at least prepare for the uncertainty of the future.