The Road Narrows

Just remember: by the time you read about it in the news, it will be too late to react, and panic will have already hit the masses.

I’ve been pointing out over the last couple of months that I think crypto could wind up being the canary in the coal mine for future market volatility. I think it was Shakespeare who once said: “So goeth fartcoin, so goeth the entire global economy”.

And just a couple of weeks ago, when Google announced the arrival of their Willow quantum computing chip, I raised the critical question of whether or not crypto—and specifically Bitcoin—would still be hacker-proof if quantum computing arrived faster than we expected it to.

Since that article in early December, there have been continuing signs that the American consumer, and by proxy investors in the stock market, are likely getting stretched.