Why the Boom-Bust Cycle Keep Repeating
What will determine the severity of the downturn is the state of the pool of real wealth
What will determine the severity of the downturn is the state of the pool of real wealth
CoinMarketCap has shown how the value of digital currencies has surged from less than $18 billion to nearly $180 billion this year. It doesn’t take an expert to notice how the market has ballooned since Satoshi Nakamoto’s invention of Bitcoin.…
Booms powered by credit, new markets and speculation are followed by busts as night follows day. This creates a very difficult test for every nation-state facing the inevitable bust: how does the leadership deal with the end of the boom?…