They say the FED has let cheap, easy money circulate for so long. People – the rich – have access to that money and need a place to put it. Crypto prices have benefitted. When an old name of finance flipped to crypto investments, he said because crypto was all mathematics and related fields, stuff he had learned in college. Investing was obscurely nostalgic. But part of the foundation of crypto is public confidence – it will continue to trade and there are enough like- minded persons to trade. Atop this foundation is the cheap money of the FEDERAL RESERVE, of other central banks, and large government deficit spending from 2017. A report says the Europeans may do away with negative interest rates.

So what happens to crypto when the FEDERAL RESERVE raises interest rates, as everyone seems to think will happen, despite the lure of mathematics? Now, does pure mathematics controls or set the prices? Public perceptions are being presented but not channeled. Crypto no longer advertises on TV; the mystery of those products are in the open. Frequent price updates on the streaming lines (worms?) are presented underneath each TV financial face. Crypto is seen everyday.

The crypto market is changing, and ready for academians to study. Don’t wait for conclusions to be published.