Is Crypto in Terminal Decline?

This particular “crypto winter” will prove to be longer, colder, and harder than that of 2018. The builders of safe, well-regulated, always-on digital finance will have weathered nothing short of crypto’s Great Depression and will be better for having survived another major stress test. Even typically conservative central bankers acknowledge that the firms that survive this correction could be the Amazons of the future. But some of the basics of crypto, including, for example, Bitcoin, probably won’t disappear. They will just remain massively volatile, quite illiquid speculative instruments that people can play with while kidding themselves that they know what will happen to their price. Jim O’Neill: If we return to a more normal world Source