IMO Crypto is just the latest Tulip Bulb fad. It's value is touted as v = (cost to produce)/scarcity, which is more than Fiat money. Really once Fiat starts crashing, so will Crypto, as it derives it value in relation to it. Plus Gold is proven, Crypto has had nothing but a bubble, yet to face a real crisis of confidence. Make no mistake, a reckoning is coming.
Ann: Investor Presentation - BMO Conference 2021, page-5
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