Let's say this guy is correct and a great recession happens around late 2025.
Imagine how hard would memecoins crash. It would be insane. And NOT A SOUL would be surprised.
Memecoins might become a thing of the past, being remembered as infamous as 2007 subprime mortgages.
Most crypto literally has no value whatsoever. It's a bubble, and everyone knows it.
It's the Juglar cycles. It has been known since the 1860s, and Karl Marx talk about this extensively in Das Capital, volume 3.
As production increase, it enter a phase of speculation, overproduction, market saturation, which leads to a crash. Once the factories have gone bankrupt, the overproduction cease, and a new cycle begins.
Of course, the mainstream society gives false narratives to explain this phenomenon. For example, the 2001 crash was attributed to the "dot com bubble". The 2008 crash attributed to the subprimes, and the 2020 crash, to the plandemic. But it's always the end of a Juglar cycle. The official narrative only serve as a diversion from the truth.
Crypto have it's own history. It's own path. In 2021, they tried hard affect the run by banning mining in China, and then even a full ban by september 2021 in China. It affected the run, as it was sub par. But it still happened. As for a great recession in late 2025, sure it will happen, as it is the end of the Juglar cycle, again. Cyclical crisis are not something that "happens", because bad luck. They repeat themselves, by design, at the end of each Juglar cycle.
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