RayDalio’s cycle best experienced now Bull – add money to system for growth>Too much money in system>take money and grow,kill competition>hire first and profits may come Bear – money sucked out of system>self sustain i.e ops profitable>lean teams by cutting down Repeat
And yet again the banks conveniently find a scapegoat while they earn ridiculous amount of commissions by lending and making leveraged trades for the same client
Interesting Q & problem. Gas fees is a incentive concept for independent nodes to mine/validate the third party transaction by providing their resources – cpu, electricity. Forking a proven blockchain eg eth – purely for dev experience and then redering gas to 0 a poss option?
