Today I am visiting my bank to cash out the last of my RRSP savings and going 100% all in, on crypto.
Over the past year I have invested heavily in crypto, starting when BTC was about $3,500 USD, and each month buying a little more. Now I say goodbye to traditional banking investments... Completely.
I have no faith AT ALL in traditional banking long term: quantitative easing, forced inflation, negative interest rates, global debt crisis, and the terrifying interdependance of each economy upon every other terrifies me.
And I am not terrified like one who sees a scary movie, "oh that would be terrible if...", the global economic failure I see coming terrifies me like death terrifies most, its not if but when. It's not fantasy or "sky is falling" talk, the economy and fiat will fall.
So as I have always said, crypto may fall lower but I'd put my faith in crypto long before fiat.