He who controls the narrative controls the universe.
Every day we consume things, and every day things are supplied for us to build, buy, sell and consume.
Where those things come from, how rapidly and efficiently they are supplied is critical. If the logistics supply chain of exports and imports breaks down, products are not completed on time, supermarket shelves are empty until the next delivery, oil doesn’t arrive at refineries and then go on to power stations to be used for power generation…you get the picture.
People are getting stressed in the land of the fiat vampire squids and the Establishment; what’s to be done about these ‘dangerous’ new upstarts? Regulators are flip-flopping all over the place – blowing hot and cold everywhere; consistency seems to be sporadic, continuity non-existent…what’s to be done?
Traders are a fickle bunch. Emotions run high, ironclad will turns to indecisiveness, and greed turns to fear. Indeed, market volatility reflects in the thoughts and actions of even the most wizened investor.
Bitcoin, despite all its wonderful attributes has pitiful scaling in these things and the fees structure has been historically horrible in recent years. Ethereum and others haven’t fared much better either, despite claims to the contrary.