March 28, 2024

Crypto capitalization is a fiction, an absurdity, a manipulation.

Crypt capitalization is fiction, absurdity, manipulation.

Do you remember that crypto is a token, not a coin (manipulators are trying hard to convince us).
I've written about this before.
And if it's a token, why do we need to know the value of all the tokens?
Previously, we were not interested in the total cost of all subway tokens!
It was enough for us to have these tokens at the ticket office when we wanted to make a trip.
And when we want to use crypto to move virtual value from address to address, we don't need to know about crypto capitalization.
And it doesn't even matter to us how much one crypto token costs (if we are not speculators, but use crypto for its intended purpose).
It is enough for us that the crypto at least does not become cheaper while we carry out an operation to move value.
And if we are not satisfied with one crypto, for example, called Bitcoin, we can use another crypto, with the parameters that suit us.
Or we can even create our own crypto (now it's relatively easy, unlikecreation of a new subway).
For example, we can create a crypto called Ebitcoin, or E-Bitcoin, or even an Ebit-Coin © (all rights to this name belong toto the author).
In other words, Bitcoin, as a Virtual Value Transfer System, is not unique at all, and canbe easily replaced.
This non-uniqueness distinguishes crypto from stocks.
And it is no coincidence that manipulators put so much effort into trying to convince us that crypto is not only new money (manipulation numberone), but also new promotions (manipulation number two).
They are well aware that crypto has no intrinsic value.
If the capitalization of an enterprise is related tobenefit brought by this enterprise and is related to such parameters of the enterprise’s activity as profit, sales volume, debt burden, then the benefit of the crypt is simply impossible to measure, because the crypt is now used mainly only for speculative purposes.
Moreover, due to technological limitations,An outdated crypt like Bitcoin has a limited number of transactions per day, while consuming electricity like a small, highly developed capitalist country.
The growth of the capitalization of such a crypto can only be associated with the inflation of a speculative bubble.