Aug. 13 at 12:36 AM
$ETH.X I just want to point out that while part of the rise is demand for Eth, a big part is that the dollar is collapsing.
Dollar is still reserve currency but they are trying to devalue it to the absolute margin without losing reserve status. This is why inflation is skyrocketing (core cpi data doesn’t include food and energy, which has been absolutely off the charts under Trump).
For anyone who has assets , they’ll appreciate just off dollar value devaluation alone. I have this plus
$PAAS as a silver play.
For those citizens who don’t have any assets, unfortunately they are about to get wrecked more than they are.
It’s a really sad situation overall, but I’ve hit the point that I can only worry about my own family so am going full-send on my portfolio (literally was +
$75K today)
