Cryptos effect on stocks?

I hate to use the gold analogy but in China their stock market is in a dip and they're going into crypto instead of gold like they used to. I imagine this will be the relationship.

The most interesting time in crypto is when it starts becoming a threat to the existing financial system. You'll know this is starting to happen when companies start paying their workers in a cryptocurrency -- when people realize that they've spent their entire lives being paid in an inflationary currency, which is worth less and less each paycheck, and that they have an alternative, finally, to be paid in something that appreciates each paycheck? It'll be huge. That's the real take off point.

Because of this, money will start flowing out of the existing financial system. There will be credit lockups... the only way that governments and central bankers have to stimulate the economy is to increase the money supply (inflation) -- they'll try to do this, and it's just going to accelerate the problems in the existing system.

The existing system is heading to dark places, anon. If there's such a thing as a financial singularity, we're rapidly approaching it.

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>>2369855
Praise KEK

also, money is already flowing into cryptos. Just look at the charts for every crypto in the last month
Spikes, spikes everywhere