The forecast is that we have already returned to the indicators of the beginning of the year after all this little shaking. 2021 will be the "first year after the crisis" when not only everything will return to normal but also there will be so rapid growth. There are also a lot of new players in the small and medium-sized business sector. Perhaps even the crisis affected the fact to shake up the tech giants on new technologies that they kept up their sleeve (Hello Nvidia) etc.
It will not just be a good year - it will be a rich year.

Of course Yes!
As soon as the creators stop selling their tokens on the market and  when they really will make Ripple truly decentralized. In the meantime, it's more like a very subtle game of deceiving people to earn money on them.
Ripple is not much more trustworthy than other alts. Can slightly more of course same but not more moreover.

Will this affect the status of cryptocurrencies as a marginal sphere? Think about it-there used to be a General opinion that cryptocurrencies are only needed for black markets. Now what? "PornHub supports payment in BTC" - if I didn't understand this, I would be even more convinced that the crypto world is some kind of marginality and nothing more.
Not very good news as for me which does more reputational harm than good.

I would suggest that you don't have to deal with DeFi at all just to save your nerves and money but it's up to you.
Just remember that if you miss the moment, instead of profit, you will get only tears and a lot of useless garbage as a consolation prize, that's all. Think a few times before dealing with bubbles from decentralized finance.

Just last week I wrote that there will be news that everyone should beware of DeFi because we have received the REVELATION that it turns out to be a complete fraud and fraud!
Amazing isn't it?
Who was fast, those get thier profit, others got liquidated. The rest of us can only panic and try to merge what we have already bought and believe in the best.
I do not feel a drop of pity to be honest with those who really believed in all these "projects".

Because the economy is our world that's why.
We LITERALLY live inside the economy and we can't live without this economy.
I am quite confident that at least a basic course in Economics should not be taught in universities but in high schools.
People go out into life and do not always understand what to expect from this world. And then we hear a lot of stories about people fighting with banks because they oppress them and so on. Perhaps if people understood how the economy works in General (micro and macro), it would help them to avoid as many problems as possible in their financical life.

Well! As the great ones used to say, " Oh, Hi Mark!"
You might think that you expected something different from this behavior from these projects. Even quite a novice or my grandfather understood that all this is just a grandiose and another fraud and fraud. If you fell for it and didn't get out in time to earn money - I'm sorry for you, really. But to say that it was sudden and unexpected is not necessary because it will be the same lie as the fact that it is impossible to exist without cash.

First, decide what you want - every 10 minutes to look at the terminal or just sit and not be afraid, waiting for the movements.
If the first - you can take anything and start learning trading. You can make money on this, and many people do so.
If you do not want to make unnecessary movements, then just buy BTC/ETH and wait for something so Grand that there will be an incredible jump in the price. And then sell it.
There are different pitfalls on both paths, but the general meaning is really something like this.

I don't even understand conceptually how you managed to link the transition to permanent remote work and the reduction of inequality in society.
I will just say that if I want to live further from the center that would be cheaper - I will not go to some poor area or a Pakistani ghetto, I will choose an area where people live well and where the criminal situation is low. And then what? How will this help "reduce inequality"?
In addition - do not forget that people live in the city center not only because they need to go to work but also because it is CONVENIENT. There is a difference when you have Albert right at home or you have to go to it for an hour by car/transport and the nearest store closes at 6 PM isn't it?
Maybe I'm really stupid and don't understand something, but it's hard for me to imagine how what you want will happen.
Remember - in places where it is better to live, the price of life will only grow because there will be those who want to live well.
Even a village can grow into a megalopolis. What's the point, then?

Exactly. The only "positive" meanings in such deceptions are
1) people who have lost money on projects  will be much more attentive to such a sharp increase in prices for unnamed projects
2) those who understand how it works will be able to earn before this bubble bursts
I do not see anything wrong with the fact that such projects exist as all this is a personal responsibility. Simply then these same people who drowned for defi-projects will whine everywhere that they were deceived.

I expect a rapid influx of posts like "how I spend all the money on Defi do not repeat my mistakes" - from those who really hoped for even more high prices and kept until the last.
Unfortunately, people do not learn anything, so we will see more than once similar "pumps and dumps" as with YFI.

Even my father will understand (if he looks at the charts) that YFI is a total bubble and just another DeFi-scam.
Is it not clear that it is just a bubble that will now roll down to zero/close and then what? Everyone will run and shout that it was a bubble and how did no one know?
Yes, everyone knew (and knows) only everyone wants to snatch their piece of this bubbly pie as usual.

YFI - bubble. Change my mind (spoiler: you won't make it).
The most typical crypto bubble, but in this case also based on DeFi-scam, which makes it as dangerous as possible.
To go and buy YFI in the hope of cosmic prices is utter stupidity. If for the sake of "instant profit" then okay, in the end we are all people.

If there is anything that DeFi-scam is capable of and suitable for, it is only to give hope of making a profit "here and now". As an example-buy some of YFI in the evening for 30L, and in the morning sell for 37k and never touch it again. As with any other DeFi project.
It will be interesting to see a thousand and one posts later that " Oh no [DeFi project] turned out to be a bubble/scammers what to do??? Beware!!!" and others.
When you are a beginner, you are in the maximum risk zone.

Well, here you are again trying to come up with a Bicycle.
Do you think you are no different from people who once decided to use gold/precious stones as a measure of value? No, you are different. Ancient people understood why they needed gold and saw a direct need to optimize the purchase and sale process.
Now , what's wrong with the debt economy? Well, do not take out loans yourself, do not use a credit card and live exclusively on your own funds. Have you ever done business bigger than a local ice cream shop? If so, you should understand that it is impossible to conduct business exclusively on own money (only if you are not a super-successful company that has come up with a totally popular innovation). It is very difficult to take money out of your pocket to upgrade the material base or expand production - that is why there are loans.
And so in everything.
So this kind of reasoning is rather just a concussion of the air as for me which has no real prerequisites.

As I wrote yesterday, DeFi is just another bubble like ICO. A lot of super-questionable projects and a lot of empty money spurred by a thirst for easy money. Bubble in a bubble inside a bubble - that's what your DeFi and all its projects are (I'm sorry, but it is).

If the cryptocurrencies will  follow the new rise from the ashes of the economy then you will get btc for 50k and other joys of the fast-growing market.
But do you want it? You remember that the higher you rise the more painful it is to fall. Imagine a situation when ANOTHER crisis occurs and your Btc drops from 50k to 10k. You do realize that your thirst for rapid and long-term growth is only related to the thirst for short-term profit? How about thinking about a future longer than next week?

I look at this screenshot and immediately understand that someone will lose a lot of money if they decide to start trading with these coins.
This is pure bubble and shit that someone pumped them to sell everything and dump it again. Such micro prices with unknown coins and such growth are a clear sign that you need to stay as far away from such tokens as possible.

The rules of financial life in a crisis are not much different from ordinary life - with the only difference that you should even stricter regulate your expenses.
The most optimal thing is to start buying cheap shares of popular and large companies right now, because as you know, after every global crisis, another bullish "eternal" growth begins. This is a good investment and quite justified.
For the rest , do not buy more than you need, do not waste money, close all your loans and do not take new ones, do not take and do not lend

You can certainly try to develop this theory to throw evidence and form a full-fledged conspiracy theory to the delight of conspiracy theorists - but as we said above, you immediately have a fundamental error goes at least with the same result.
I think if you look and the rest of the country with large debts it is possible to see is the picture.
Only few people in the world care about debt if the economy is successful. This is a standard economic process and it is quite difficult for countries to live here and now (in some places) without it. Let me remind you that there are no countries in the world without external debt in principle.