TFM: Cryptocurrency is so DUMB

furthermore, TFM did not address the consequence of diminishing world population on the inflationary cicle and he didn't even go deep into the Evergrande issue and a potential real estate crash's effect on the commodities. Why? Because if real estate collapses, so will iron ore, copper, cement, and with it - oil. I suspect TFM refuses to accept reality of a post-oil world (despite strong fundamentals of carbon fuels on the premise of their ease of use and extraction) where consumption is less, population is shrinking, growth is shrinking too, and the current inflation scare wave dissipating. Keep in mind we saw negative oil in May 2020, now it's peaking at 80 bucks per barrel. It's a wave-like movement. It will drop again but not dramatically. Then it will stabilize. This is deflationary, and in a way that can explain increase in BTC and fixed cryptographically sealed supply asset value.

TFM says we all should buy oil stocks because muh inflation but he didn't even bother looking into the eurodollar conundrum and the dollar shortage effect on the world economy. He says "money printing" by the Fed causes the issue but he doesn't even explain how money is created and doesn't address the fact that Greenspan admitted they cannot define money as early as 2000. TFM is not an idiot, but he refuses to consider cryptocurrency and the underlying reason why it was created in the first place. I admit I was skeptical of crypto despite monitoring it since 2011, and I became a late adopter. I keep it along with my stocks, my cash and bonds, and I don't see anything wrong with metals either. Blind maximalism is misguided.