I got out of crypto many times before, but always jumped in back because of new market condition, this time however many things point to the direction that crypto will soon be finished, there aren't many reasons to hold crypto anymore.
1. Bitcoin will never upgrade to be Quantum safe, Ethereum might
The devs working on bitcoin can't even agree to the smallest updates, let alone convince miners or users, Bitcoin upgrade just won't happen.
If they start locking funds held at old unsafe Bitcoin addresses, Bitcoin will lose all legitimacy. It would no longer be governments, but random groups deciding whose funds to freeze.
If they won't lock, Quantum companies will steal those and sell them.
Both will invoke serious market downturn.
The blockchains might stay usable if you follow a few rules, like no more address reusing, still normies will leave and this time they are not coming back.
2. The 2030 Quantum risk was a big risk already, now we just got another huge risk: AI-accelerated math
3. Basically you could earn much more gains with most tech stocks or even with good enough shitcoins than with BTC or ETH.
The chances of them going up 4x are much lower than the chances of them falling to a quarter of their current price.
I give it maximum 1 more year before Americans with crypto ETFs realize they made a mistake and they’d earn more if they just kept that money in stocks or other ETFs instead.
4. The oil prices are high, that means Republicans will lose the midterms, the Democrats are anti crypto.
Trump will be out in 2 years too, Elon got bored of crypto. Soon nobody will pump crypto, the world will turn anti crypto again.
5. Crypto is money, and AI will decrease the value of ALL money
You can copy and remake softwares in 1 day with AI, softwares that took 10s of software developers a year. The value of human work will decrease a lot in the upcoming years, but AI becomes cheaper and cheaper, as well as creating new products.
Crypto is still good for payments, but from an investment perspective, it’s becoming less attractive: higher risk with smaller and smaller gains every year.
I might be wrong though, so please tell me if any of my assumptions are wrong?
What is a good investment in a post-AI world? I don't know either, I guess the only thing that might go up in value are food and water?
So maybe farmland?
1. Bitcoin will never upgrade to be Quantum safe, Ethereum might
The devs working on bitcoin can't even agree to the smallest updates, let alone convince miners or users, Bitcoin upgrade just won't happen.
If they start locking funds held at old unsafe Bitcoin addresses, Bitcoin will lose all legitimacy. It would no longer be governments, but random groups deciding whose funds to freeze.
If they won't lock, Quantum companies will steal those and sell them.
Both will invoke serious market downturn.
The blockchains might stay usable if you follow a few rules, like no more address reusing, still normies will leave and this time they are not coming back.
2. The 2030 Quantum risk was a big risk already, now we just got another huge risk: AI-accelerated math
3. Basically you could earn much more gains with most tech stocks or even with good enough shitcoins than with BTC or ETH.
The chances of them going up 4x are much lower than the chances of them falling to a quarter of their current price.
I give it maximum 1 more year before Americans with crypto ETFs realize they made a mistake and they’d earn more if they just kept that money in stocks or other ETFs instead.
4. The oil prices are high, that means Republicans will lose the midterms, the Democrats are anti crypto.
Trump will be out in 2 years too, Elon got bored of crypto. Soon nobody will pump crypto, the world will turn anti crypto again.
5. Crypto is money, and AI will decrease the value of ALL money
You can copy and remake softwares in 1 day with AI, softwares that took 10s of software developers a year. The value of human work will decrease a lot in the upcoming years, but AI becomes cheaper and cheaper, as well as creating new products.
Crypto is still good for payments, but from an investment perspective, it’s becoming less attractive: higher risk with smaller and smaller gains every year.
I might be wrong though, so please tell me if any of my assumptions are wrong?
What is a good investment in a post-AI world? I don't know either, I guess the only thing that might go up in value are food and water?
So maybe farmland?
Last edited:
